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Mevaco’s CEO, Spyros Delendas, is nearing a €100 million market valuation, a significant increase from €8 million in 2015 and €16 million in 2020. Net profits are projected to grow from €3.1 million in 2022 to €5.0 million in 2024, with €7.4 million already achieved in the first half of 2025.

The company specializes in manufacturing metal bases for photovoltaic panels, exporting globally. Delendas' strategy includes diversification into defense contracts and projects like the Ellinikon, contributing to a stock rally of +445% over five years.