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Who We Are

The company was founded in 1994 under the name “Development Agency of Apodotia – Ophionia S.A. (ANETAPO S.A.)” to better utilize the natural resources of Mountainous Nafpaktia.

Following the implementation of Law 2539/97 (I. Kapodistrias), the Agency’s shareholder base expanded, with eleven (11) municipalities of Aetolia, as defined by its historical boundaries, joining. These included the Agricultural Cooperative of Messolonghi-Nafpaktia, the Federation of Associations of Nafpaktia, the Federation of Professionals, Tradesmen, and Merchants Associations of Nafpaktia and Dorida, and the Agricultural Cooperative of Dorida. The agency became interprefectural (Prefectures of Aetoloakarnania, Fokida and Evrytania) and interregional (Regions of Western and Central Greece), and was renamed “AITOLIKI DEVELOPMENT S.A.” or, in short, “AITOLIA S.A.”

In compliance with Law 3463/2006, the Agency was renamed “AITOLIKI DEVELOPMENT S.A. Local Authority Organisation” in April 2007. The Agency’s shareholder base expanded from 15 to 18 shareholders, with the inclusion of the Municipality of Aitoliko, the Municipality of Oiniades, and the Nautical Club of Messolonghi, in June 2008. As part of the policy to broaden the shareholder base and promote democratic planning, as well as improve collaboration among local authorities for regional development, the number of shareholders increased from 18 to 24 with the participation of the Local Association of Municipalities and Communities of the Prefecture of Aetoloakarnania, the Chamber of Aetoloakarnania, the Technical Chamber – Regional Department of the Prefecture of Aetoloakarnania, the Solid Waste Management Association of the First Geographical Unit of the Prefecture of Aetoloakarnania, the Association for People with Disabilities “Alkyoni” and the Association of Professional Fishermen of Aitoliko “Dolmas”, in November 2008. In accordance with Law 3852/2010 (“Kallikratis”), the number of shareholders was reduced from 24 to 16, due to the merging of Municipalities.

Within the framework of resolutions adopted by the agency’s Ordinary General Shareholders’ Meetings, regarding increases in share capital, the total number of shareholders has now reached twenty-six (26). New entities joining the Company’s shareholder structure include the Agri-Environmental Group of Organic Farmers of Western Greece, the Federation of Associations of Nafpaktia & Dorida, the Nafpaktos Sailing Club, the Messolonghi Commercial and Industrial Association, the Municipality of Xiromero, the Association of Hotel and Furnished Room Owners of Nafpaktia, the Centre for Speech and Art – DIEXODOS Museum, the Agricultural Cooperative of Olive Producers of Aetolia-Acarnania “AITOLIA OLIVES”, the Panhellenic Union of Organic Products, the Agricultural Cooperative of Organic Producers of Western Greece, and the Social Cooperative Enterprise “PARTE TA VOUNA”. In January 2026, the Company was renamed “LOCAL ACTION GROUP AITOLIKI DEVELOPMENT S.A.”, in full compliance with the provisions of the European Regulation concerning Local Action Groups.

The shareholding structure of the Company is as follows:

The Company’s share capital amounts to €589,258.00, of which €376,858.00 has been paid in.