Our People

A hospitable working environment for all

Growthfund fosters an inclusive and welcoming workplace for all. Our team operates in a recognized center of excellence, awarded as a Great Place to Work®, situated in the “heart” of Athens.

Our people are our true human capital, driving value with passion and dedication. They contribute to the company’s overall success and development, as well as to the support of our subsidiaries and investments, thereby creating opportunities for personal growth. Beyond improving working conditions, infrastructure, and employee development through continuous training, Growthfund and its subsidiaries actively promote teamwork and collaboration by organizing various activities.

To support this, we have established a community among the Group’s Human Resources divisions to facilitate knowledge sharing and the adoption of best practices. This initiative aims to empower employees and drive strategic growth. This collective approach enhances engagement, strengthens collaboration, and aligns corporate objectives with the needs of our staff and Growthfund’s strategic guidelines.

Each of us, individually and collectively, embraces Growthfund’s mission and strives for excellence in everything we do. We care about our people and support them in making their mark, fostering a culture of diversity, inclusion, and integrity.

Growthfund (standalone)
Employees’ training
2022
2023
Female
Male
Female
Male
hours of training
169
0
113
41
number of employees trained
23
17
25
20
average training hours per employee
7,3
0,0
4,5
2,1

 

Gender distribution

Growthfund (standalone)
Gender distribution per managerial level (%)
2022
2023
Female
Male
Female
Male
Top Management
40%
60%
37%
63%
Middle Management
63%
37%
67%
33%
Employees
75%
25%
65%
35%

Digitalization for the benefit of Growthfund’s employees

Growthfund is committed to continuous improvement and digital modernization, ensuring secure management of employee data, centralized information access, and easy report generation. To achieve this, Growthfund has implemented a Human Resource Management System (HRMS), which is also utilized by Growthfund’s subsidiaries.

This initiative has created a unified database, consolidating essential employee information to facilitate data management, processing, and electronic reporting. Employees can now easily access relevant announcements, manage their leave requests, and track their annual performance reviews.

For proper management and maintenance of candidate resumes, Growthfund uses an Applicant Tracking System (ATS) that adheres to data protection regulations. Additionally, employee document records are stored in digital form, meeting stringent requirements for data security.

The Employees in the subsidiaries

The number of employees in Growthfund’s Group exceeds 25,000. The table below includes a breakdown of the employees in the subsidiaries and presented data have been sourced from the Human Resources Departments across the portfolio subsidiaries. For information regarding Growthfund’s minority shareholding participations (PPC, AIA, ETVA VIPE, HCDI) please visit their websites.

31.12.2022 31.12.2023 31.07.2024
TRANSPORT FOR ATHENS (OASA) 31.12.2022 31.12.2023 31.07.2024
OASA Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
107 105 119
Permanent employment 107 105 105
Fixed term employment 14
by gender
Female 57 53 60
Male 50 52 59
by age group
≤30 - - -
31–50 54 47 38
>50 53 58 81
by managerial level
Management Executives (up to Director level)
Women 21 21 21
Men 15 15 15
Rest of personnel
Women 36 32 39
Men 35 37 44
New hires (during the year)
Women 2 - 8
Men 3 1 7
Departures (resignations during the year)
Women 1 2 1
Men 6 1 -
OASA Board of Directors
Executive Members
Women 1 1 1
Men - 1 1
Non Executive Directors
Women 1 1 1
Men 6 5 6
TRANSPORT FOR ATHENS (OSY) 31.12.2022 31.12.2023 31.07.2024
OSY Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
4,770 4,722 4,800
Permanent employment 4,764 4,694 4,579
Fixed term employment 6 28 221
by gender
Female 164 185 251
Male 4,606 4,537 4,549
by age group
≤30 37 27 32
31–50 2,377 2,170 2,069
>50 2,356 2,525 2,699
by managerial level
Management Executives (up to Director level)
Women 33 35 38
Men 158 166 167
Rest of personnel
Women 131 150 213
Men 4,448 4,371 4,382
New hires (during the year)
Women 2 22 72
Men 37 105 171
Departures (resignations during the year)
Women 6 1 6
Men 176 174 159
OSY Board of Directors
Executive Members
Women
Men 1 1 1
Non Executive Directors
Women
Men 4 4 4
TRANSPORT FOR ATHENS (STASY) 31.12.2022 31.12.2023 31.07.2024
STASY Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
2,319 2,541 2,514
Permanent employment 2,319 2,324 2,292
Fixed term employment 217 222
by gender
Female 494 619 626
Male 1,825 1,922 1,888
by age group
≤30 33 28 23
31–50 1,482 1,279 1,302
>50 804 1,234 1,189
by managerial level
Management Executives (up to Director level)
Women 53 50 51
Men 92 89 88
Rest of personnel
Women 441 569 575
Men 1,733 1,833 1,800
New hires (during the year)
Women 11 143 13
Men 11 152 21
Departures (resignations during the year)
Women 7 10 13
Men 51 54 58
STASY Board of Directors
Executive Members
Women - - -
Men 1 1 1
Non Executive Directors
Women 2 2 2
Men 4 4 4
GAIAOSE 31.12.2022 31.12.2023 31.07.2024
GAIAOSE Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
15 16 15
Permanent employment 15 16 15
Fixed term employment
by gender
Female 6 6 6
Male 9 10 9
by age group
≤30
31–50 10 11 10
>50 5 5 5
by managerial level
Management Executives (up to Director level)
Women 2 2 2
Men 8 9 9
Rest of personnel
Women 4 4 4
Men 1 1
New hires (during the year)
Women
Men 1
Departures (resignations during the year)
Women
Men 1
GAIAOSE Board of Directors
Executive Members
Women 1
Men 1 1
Non Executive Directors
Women 1 1 1
Men 3 4 4
ELTA 31.12.2022 31.12.2023 31.07.2024
ELTA Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
3,141 3,066 3,014
Permanent employment 3,033 2,984 2,947
Fixed term employment 108 82 67
by gender
Female 1,263 1,234 1,223
Male 1,878 1,832 1,791
by age group
≤30 34 27 19
31–50 1,219 1,203 990
>50 1,888 1,836 2,005
by managerial level
Management Executives (up to Director level)
Women 240 240 238
Men 204 213 205
Rest of personnel
Women 1,023 994 985
Men 1,674 1,619 1,586
New hires (during the year)
Women 12 2 2
Men 40 31 13
Departures (resignations during the year)
Women 51 30 12
Men 116 74 53
ELTA Board of Directors
Executive Members
Women - - -
Men 1 1 1
Non Executive Directors
Women 2 2 2
Men 5 5 5
ELTA COURIER 31.12.2022 31.12.2023 31.07.2024
ELTA COURIER Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
185 165 160
Permanent employment 151 148 145
Fixed term employment 34 17 15
by gender
Female 63 54 52
Male 122 111 108
by age group
≤30 2 - -
31–50 114 97 94
>50 69 68 66
by managerial level
Management Executives (up to Director level)
Women 5 5 4
Men 8 6 8
Rest of personnel
Women 58 49 48
Men 114 105 100
New hires (during the year)
Women 2
Men 4 1 1
Departures (resignations during the year)
Women 3 9 2
Men 11 12 4
ELTA COURIER Board of Directors
Executive Members
Women
Men 1 1 1
Non Executive Directors
Women 3 2 2
Men 3 3 3
5G VENTURES 31.12.2022 31.12.2023 31.07.2024
5G VENTURES Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
10 10 8
Permanent employment 10 10 8
Fixed term employment
by gender
Female 4 4 3
Male 6 6 5
by age group
≤30 - - -
31–50 4 3 3
>50 6 7 5
by managerial level
Management Executives (up to Director level)
Women - - -
Men 5 5 4
Rest of personnel
Women 4 4 3
Men 1 1 1
New hires (during the year)
Women 2 1 -
Men - - -
Departures (resignations during the year)
Women 1 2 -
Men 1 - 1
5G VENTURES Board of Directors
Executive Members
Women - - -
Men 4 4 4
Non Executive Directors
Women 1 1 1
Men 2 2 2
TIF - HELEXPO 31.12.2022 31.12.2023 31.07.2024
TIF HELEXPO Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
72 85 86
Permanent employment 60 63 75
Fixed term employment 12 22 11
by gender
Female 37 48 48
Male 35 37 38
by age group
≤30 8 10 8
31–50 18 36 41
>50 46 39 37
by managerial level
Management Executives (up to Director level)
Women 18 15 15
Men 16 13 14
Rest of personnel
Women 19 33 34
Men 19 24 23
New hires (during the year)
Women 5 5 4
Men 2 3 3
Departures (resignations during the year)
Women 4 2 -
Men 2 5 -
TIF HELEXPO Board of Directors
Executive Members
Women
Men 1 1 1
Non Executive Directors
Women 1 2 2
Men 11 10 10
CMFO 31.12.2022 31.12.2023 31.07.2024
CMFO Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
75 68 67
Permanent employment 74 67 66
Fixed term employment 1 1 1
by gender
Female 16 16 15
Male 59 52 52
by age group
≤30 2 2 1
31–50
>50 73 66 66
by managerial level
Management Executives (up to Director level)
Women 3 3 3
Men 15 15 15
Rest of personnel
Women 13 13 12
Men 44 37 37
New hires (during the year)
Women - - -
Men 1 - 1
Departures (resignations during the year)
Women - - 1
Men 7 1 1
CMFO Board of Directors
Executive Members
Women - - -
Men 1 1 1
Non Executive Directors
Women 1 1 1
Men 8 8 8
CMT 31.12.2022 31.12.2023 31.07.2024
CMT Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
20 18 17
Permanent employment 18 16 15
Fixed term employment 2 2 2
by gender
Female 7 6 5
Male 13 12 12
by age group
≤30 - - -
31–50 7 7 6
>50 13 11 11
by managerial level
Management Executives (up to Director level)
Women 1 1 1
Men 4 4 5
Rest of personnel
Women 6 5 4
Men 9 8 7
New hires (during the year)
Women - - -
Men - - 1
Departures (resignations during the year)
Women 1 - 1
Men - 1 -
CMT Board of Directors
Executive Members
Women - - -
Men 1 1 1
Non Executive Directors
Women 2 1 1
Men 7 8 8
HELLENIC SALTWORKS 31.12.2022 31.12.2023 31.07.2024
HELLENIC SALTWORKS Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
27 25 24
Permanent employment 26 24 23
Fixed term employment 1 1 1
by gender
Female 6 6 5
Male 21 19 19
by age group
≤30 - - -
31–50 3 2 2
>50 24 23 22
by managerial level
Management Executives (up to Director level)
Women 5 5 5
Men 18 17 17
Rest of personnel
Women 1 1 -
Men 3 2 2
New hires (during the year)
Women
Men 1
Departures (resignations during the year)
Women 1
Men 2 1
HELLENIC SALTWORKS Board of Directors
Executive Members
Women
Men 1 1 1
Non Executive Directors
Women 2 2 2
Men 6 6 6
HPPC 31.12.2022 31.12.2023 31.07.2024
HPPC Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
372 258 246
Permanent employment 347 255 243
Fixed term employment 25 3 3
by gender
Female 190 141 137
Male 182 117 109
by age group
≤30 6 1 -
31–50 189 160 151
>50 177 97 95
by managerial level
Management Executives (up to Director level)
Women 39 43 40
Men 48 42 38
Rest of personnel
Women 151 98 97
Men 134 75 71
New hires (during the year)
Women 9 1 1
Men 3 1 1
Departures (resignations during the year)
Women 66 43 5
Men 100 59 8
HPPC Board of Directors
Executive Members
Women - 1 1
Men 1 1 -
Non Executive Directors
Women 1 3 3
Men 4 3 3
HRADF 31.12.2022 31.12.2023 31.07.2024
HRADF Employees
Total number of employees
(with a dependent employment relationship or Fixed Remuneration)
81 90 100
Permanent employment 79 84 93
Fixed term employment 2 6 7
by gender
Female 48 55 63
Male 33 35 37
by age group
≤30 3 8 11
31–50 51 59 65
>50 27 23 24
by managerial level
Management Executives (up to Director level)
Women 5 5 5
Men 10 13 13
Rest of personnel
Women 43 50 58
Men 23 22 24
New hires (during the year)
Women 10 14 8
Men 6 6 2
Departures (resignations during the year)
Women 4 7 -
Men 3 3 -
HRADF Board of Directors
Executive Members
Women - - -
Men 2 2 2
Non Executive Directors
Women 2 2 2
Men 3 3 3

With regards to freedom of association and the right to collective bargaining, the Greek legislation is establishing the rights of association and is providing for the employers’ obligation to facilitate the associated employees in exercising their right in association. (i.e. Law 1264/1982 as amended and currently in force) Moreover, Council of Europe’s “European Social Charter” was ratified by the Greek Parliament with law 4359/2016. Hence, the above are, among others, enforced to Growthfund as a company operating in Greece, and also to its portfolio subsidiaries where Collective Labor Agreements are been regularly negotiated with employees’ unions.