FARAD S.A. has completed the relocation of its corporate headquarters and all production operations to its new, company-owned facilities in Paiania. Covering more than 7,500 m2, the new premises mark a new chapter in the company’s growth.
Building on nearly five decades of experience in manufacturing heat exchangers for the maritime industry, FARAD S.A. has continuously developed and expanded since 1979. Today, it has established itself as one of Europe’s leading manufacturers of thermal management solutions and high-performance heat exchangers. Its solutions are used in highly demanding applications across shipping, oil refining, nuclear power generation, pharmaceuticals, food and beverage production, and other critical industrial facilities. With a worldwide presence, FARAD S.A. is also involved in the implementation of major European defence and armaments programmes, demonstrating its technical expertise and advanced manufacturing capabilities.
The investment in the new facilities is a strategic step in the company’s further development[1]. Designed exclusively around FARAD S.A.’s operational requirements and long-term vision, the new industrial complex incorporates modern production infrastructure, advanced engineering equipment, expanded research and development (R&D) capabilities, and significantly upgraded manufacturing capacity. At the same time, it optimises production and logistics management, enables the manufacture of even larger and more complex thermal management systems, increases production capacity, and reduces the environmental footprint of the company’s operations. This new investment lays the groundwork for FARAD S.A.’s sustainable growth in the years ahead, while maintaining the high quality standards that have defined the company for nearly half a century.
Commenting on the completion of the relocation, Mr Konstantinos Fanouriadis, Chief Executive Officer of FARAD S.A., said:
“The relocation to our new facilities in Paiania represents a particularly important milestone for FARAD S.A. This investment reflects our ongoing commitment to development, technological advancement, and the strengthening of our production capabilities. In a modern, well-organised industrial environment, we can now serve our customers more effectively, improve productivity, increase our productivity, and create the right conditions for the company’s sustainable growth in the years ahead.”
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About FARAD S.A.
FARAD S.A. is a Greek industrial company with nearly half a century of experience in the design and manufacture of high-performance heat exchangers and advanced thermal management systems, as well as in providing specialised industrial equipment maintenance services. Combining advanced engineering expertise, modern production infrastructure, and rigorous quality standards, it develops and manufactures solutions for complex industrial applications and has established itself as one of Europe’s leading manufacturers in its field.
[1] The investment was co-financed through the “Green Transformation of SMEs” Action under the “Competitiveness 2021-2027” Programme (NSRF).
