Greece’s construction industry is entering a new phase of growth following a demanding stretch of years, according to TenTec S.A.’s CEO, Nikos Nikolopoulos, who spoke at the 2nd Real Estate Conference hosted by Capital.gr and Forbes Greece.

Nikolopoulos noted that demand for construction projects is rising sharply across all segments of the sector—from building and energy developments to major infrastructure works. At the same time, the country’s broader economic momentum is opening up fresh investment opportunities that could further boost the industry.

Commenting on construction costs, he explained that prices have climbed in recent years largely because of external pressures, and although they appear to be stabilizing, they remain at elevated levels. He added that ongoing increases in wages, the cost of living, and labor shortages continue to push expenses upward.

He concluded by expressing optimism about the sector’s prospects, stressing that sustained growth will depend on responsible action and strong collaboration between the private and public sectors to make the most of the favorable economic conditions.