The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Accommodation / Food 55 - Accommodation 55.1 - Hotels and similar accommodation 55.10 - Hotels and similar accommodation
750 jobs Number of planned job creations
Announcement Date
22 December 2025
Employment effect (start)
1 April 2026
Foreseen end date
1 April 2026
Description
The Sani/Ikos Group has been active for around a decade in the luxury beachfront resort segment and operates 12 distinctive resorts in Greece and Spain. In July 2025, as part of its business expansion, the Group announced the launch of its first five-star resort in Crete, Ikos Kissamos, which is scheduled to commence operations in April 2026. The investment is expected to create over 750 new jobs, covering the full range of key roles required for the resort’s operation.
The new Sani/Ikos investment amounts to €125 million, is currently under development, and will be built on an area of approximately 200 hectares in Kissamos Bay, along a 600-metre coastal frontage. The resort will have a capacity of 414 rooms, suites and bungalows, providing a total of 1,280 beds.
Eurofound (2025), Ikos Kissamos, Business expansion in Greece, factsheet number 203927, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/203927.
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