Hellenic Gold reports €439M economic contribution in 2024
Hellenic Gold reports €439M economic contribution in 2024

Hellenic Gold reports €439M economic contribution in 2024

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RE+D magazine
20.10.2025

Hellenic Gold published its 2024 Corporate Social Responsibility Performance Report, documenting a year of substantial progress across all its established strategic sustainability pillars.

As the company states, this year’s report reflects its consistency and progress in shaping a resilient and responsible business model that creates measurable value for the economy and society, while simultaneously protecting the environment in which it operates. The total economic value distributed by the company to the Greek economy amounted to €439 million, significantly supporting development both nationally and locally. Of this amount, €334 million was allocated to contractors and suppliers, €63 million to employee wages and benefits, and €14 million was paid in taxes and mining royalties to the Greek State, of which €5.1 million was directly allocated to the Municipality of Aristotelis through mining royalties arising from 2023 activities, thus substantially strengthening public revenues and the region’s development potential.

In 2024, the company employed a total of 2,528 workers, both direct and indirect, with 14.2% of them being women employees. During the same year, 33,291 hours of training were conducted and €2.6 million were invested in Health and Safety programs, achieving a 30% reduction in the Total Recordable Injury Frequency Rate (TRIFR). The ongoing empowerment of its workforce remains at the core of the company’s operational model, supporting sustainable employment and the development of skills within the local community.

The sustainability strategy of Hellenic Gold is based on active collaboration and consultation with local communities and the implementation of initiatives that create long-term social value. In 2024, 137 social investment actions were carried out, totaling €2.5 million, which represents a 43% increase compared to the previous year. These actions focused on sectors such as education, infrastructure, and social welfare.

Regarding environmental management, in 2024 Hellenic Gold invested a total of €6.7 million in environmental activities, undertaking significant initiatives for environmental restoration and further reduction of its environmental footprint through limiting the consumption of natural resources such as water. A total of 1,115 new trees were planted, water recycling increased by 19.8% compared to 2023, and 288,000 tons of historical waste from previous mine owners were safely removed. Through these targeted actions, the company demonstrates that responsible mining operations can successfully combine efficiency with respect for the environment.