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MOTODYNAMICS to acquire 100% of LION RENTAL S.A. MOTODYNAMIKI proceeded today to the signing of a preliminary agreement for the acquisition of 19.5% of the share capital of LION RENTAL.Since the end of 2018, MOTODYNAMIKI owns 80.5% of LION RENTAL.   The transaction, which is subject to terms and conditions, is expected to be completed in…

2022 a record year for MOTODYNAMICS –125% year on year dividend increase MOTODYNAMICS ended 2022 with robust growth and increased profitability across all divisions.  In particular, sales reached 132 million euros, representing an 39,4% increase year on year. EBITDA increased by 78% to 25,2 million euros, and pre-tax earnings increased 130% to 14,2 million. The…

Record year for MOTODYNAMICS and a high dividend 2022 ended with a strong growth in all figures for MOTODYNAMICS. Specifically, sales amounted to EUR 132 million, recording an increase of 39.4% compared to 2021. Earnings before tax, interest & depreciation (EBITDA) amounted to EUR 25.3 million, increased by 78%, while the results before taxes amounted…

Diversity and Inclusion Dimitris Papanikolaou talks with MOTODYNAMICS employees. Veteran basketball player Dimitris Papanikolaou is dedicated to the Asperger's Syndrome Awareness Campaign, an Autism Spectrum Disorder, and is the initiator of the UniquAll program, all unique and equal.He visited our offices in Maroussi,  but also all our points of presence in Greece through a live…

SIXT Annual National Convention 2023 Passion, mobilization, best practices, and commitment are some of the words that characterize the SIXT National Conference (the first conference in SIXT’s new era as a MOTODYNAMICS Group member) that took place at the Stavros Niarchos Foundation Cultural Center on Tuesday, February 21, 2023. In the context of the 2022…

Maria Sakkari, Porsche Ambassador in Greece for the 5th consecutive year - MOTODYNAMICS Maria Sakkari, Porsche Ambassador in Greece for the 5th consecutive year. Motodynamics Group announces the renewal of its collaboration with Maria Sakkari, as Porsche Brand Ambassador in Greece. For the 5th consecutive year, the international Greek tennis player who continues to write…

We support the young generation and their innovative ideas! The Chairman & CEO of MOTODYNAMICS Group and member of the Board of JA Greece, Mr. Paris Kyriakopoulos, participates this year as well in the institution ‘Inspirational Mentors’ of the non-profit educational entrepreneurship organization ‘Junior Achievement Greece'. The ‘Inspirational Mentors’ institution aims to guide and inspire…

Yamaha Partner Conference 2023, “Move 2 Inspire”. Move 2 Inspire: the inspiration for new goals and a new course was presented at the two-day Partner Conference held by Yamaha, MOTODYNAMICS Group. 2023 is an optimistic year and after 3 years with unprecedented changes in the business environment, it is the most appropriate opportunity for reorganization…

Changing of guard at MOTODYNAMICS Sotiris Hatzikos, the Group’s Chief Executive Officer, will be completing his 15-year tenure on December 31st of this year. Mr. Hatzikos took the helm of Motodynamics in 2008. A dynamic leader, he navigated in a turbulent economic and political environment, and transformed the group through a strong emphasis on organic…

9-month results 2022 announced The 9-month period of 2022 ended with a strong growth in all figures for Motodynamics.  Specifically for the whole 9-month period, sales grew by 37.9% compared to 2021 and amounted to 102.5 million.   Earnings before tax, interest & depreciation (EBITDA) amounted to €22.4 million, increased by 85.5%, while the results before taxes…