Cosmos Group Targeted €105 Million in 2026 Sales
The company has expanded its AI capabilities and infrastructure as it eyes significant growth through year-end.
Updated on Oct. 5, 2026 in Business Strategy
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Cosmos Group has reported consolidated sales of €74.8 million for the first nine months of 2026, marking a significant rise from the €46.1 million recorded during the same period in 2025. The firm now targets annual consolidated sales of €105 million by the end of 2026.
Why it matters
The group is strategically diversifying its portfolio to balance public and private sector projects while investing heavily in AI to ensure competitiveness post-RRF. This pivot serves to stabilize revenue streams and reduce reliance on time-bound public funding.
The company maintains a project backlog of €120 million and anticipates pre-tax profits exceeding €6 million for 2026. Current operations include a 4,600-square-metre facility in Metamorfosi.
The players
Cosmos Group
This international firm provides integrated IT and consulting services with a primary market presence in Greece and Cyprus.
NovelCosmos AI
This entity is a specialized technology firm recently acquired by Cosmos Group to bolster its artificial intelligence capabilities.
NVIDIA
This global technology company acts as a key strategic partner for Cosmos Group in the development of AI-driven solutions.
The details
Cosmos Group has fully acquired NovelCosmos AI, integrating it into Cosmos Consulting to form a specialized artificial intelligence technology hub. Furthermore, the company leverages a partnership with NVIDIA to provide advanced technological services across Greece and Cyprus.
Timeline
The company reported sales of €46.1 million in 2025.
Consolidated sales hit €74.8 million in the first nine months of 2026.
The group targets €105 million in total consolidated sales for 2026.
RRF projects must be completed by December 31, 2026.
The firm has set a long-term sales target of €126.4 million for 2030.
Market Landscape
The company is actively shifting its business model to prepare for the post-RRF era by diversifying its client base toward private sector work. This strategic realignment positions the firm against competitors who remain heavily dependent on short-term government-backed infrastructure projects.
Clients of Cosmos Group may see an expansion of AI-driven service offerings and improved project delivery timelines as the firm integrates its new tech hub. The company's drive for a balanced portfolio suggests a focus on maintaining consistent service levels for both private and public sector accounts.
The takeaway
The firm's focus on long-term scalability through AI integration serves as a template for technology companies operating in markets previously buoyed by temporary recovery funds. Diversification remains the primary mechanism for maintaining revenue stability when high-volume, time-limited government contracts conclude.
Further reading
Learn more about corporate trends in Business Strategy.
Source note: This article includes information reported by Η Ναυτεμπορική.
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