Cosmos Group Revenue Jumped as AI Integration Began
The firm expanded its capabilities via acquisition to secure growth beyond upcoming public infrastructure deadlines.
Updated on Oct. 5, 2026 in Business Strategy
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Cosmos Group reported consolidated sales of €74.8 million for the first nine months of 2026, a 62% increase over the same period in 2025. The company is actively integrating its latest acquisition, NovelCosmos AI, to bolster its technology hub services.
Why it matters
The company is shifting its portfolio balance from public-sector heavy to a 50-50 split between public and private projects to mitigate risks after RRF funding deadlines pass. This pivot forces a revaluation of project pipelines and infrastructure capacity ahead of the 2027 transition.
Cosmos Group posted €74.8 million in nine-month revenue, a 62% increase over the prior year, supported by a €120 million project backlog. The firm has set a 2026 consolidated sales target of €105 million.
The players
Cosmos Group
An international technology and consulting firm operating in Greece and Cyprus that specializes in digital transformation and public-sector infrastructure.
NovelCosmos AI
A specialized artificial intelligence technology firm recently acquired to serve as an internal innovation hub for the parent company.
NVIDIA
A multinational technology company providing high-performance computing hardware and AI platforms as a strategic partner to the group.
The details
The group is leveraging its status as a preferred NVIDIA partner in Greece and Cyprus to scale its AI-driven services. By folding NovelCosmos AI into Cosmos Consulting, the firm creates a specialized hub intended to offset the conclusion of time-bound Recovery and Resilience Facility (RRF) projects. Operational capacity is being expanded through the firm's 4,600-square-metre premises in Metamorfosi.
Timeline
2025: Reported sales of €46.1 million.
First nine months of 2026: Consolidated sales reached €74.8 million.
2026: Targeted consolidated sales of €105 million.
December 31, 2026: Deadline for RRF project completion.
2030: Long-term sales target of €126.4 million.
Market Landscape
The group's strategy follows a common trend among regional infrastructure firms facing the sunset of Recovery and Resilience Facility (RRF) funding. Managers are prioritizing AI integration to pivot from short-term state projects toward recurring private-sector demand.
Operators should evaluate their reliance on time-bound public grants versus sustainable private-sector service models. The transition from pure infrastructure implementation to recurring AI-driven technology support is a critical metric to watch for 2027 profitability.
The takeaway
The move to acquire specialized technology hubs highlights the necessity of diversifying service offerings before public infrastructure cycles finish. Monitor how the firm manages its shift toward a 50-50 public-private revenue split as a benchmark for your own client-base diversification goals.
Further reading
For more on evolving corporate structures, visit our Business Strategy section.
Source note: This article includes information reported by Η Ναυτεμπορική.
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