Cyprus Pharmaceutical Organization Limited (CPO) is a leading importer, distributor and exclusive agent for a wide variety of products ranging from consumer (mass market) products, perfumery and cosmetics, to pharmaceutical products, hospital, medical, analytical, dental supplies and surveying instruments. The majority of our principals and their products are world famous and brand leaders in their respective fields.
The Costas Papaellinas Organization has a long history of over 85 years. The first company was created in 1928 and operated for many years as C. A. Papaellinas & Co., under the name of its founder, Costas A. Papaellinas. In 1952 it was succeeded by CPO which is today the main trading company of the Costas Papaellinas Organization Group of Companies.
The ownership of the group is divided between Paris and Thanos Papaellinas, the CEOs of the Cypriot and Greek operations respectively. The Costas Papaellinas Organization is now one of the strongest commercial entities in Cyprus with a combined turnover exceeding €65 million. Its credibility and financial standing are unquestionable. The CPO name inspires confidence and commands respect at all levels of business activity, both in Cyprus and abroad.
Furthermore, CPO is proud about its fairness culture, something that intensely emerges throughout its long history and is also converted into awards.
Managing Director, Paris Papaellinas was recently honoured by the Cyprus Chamber of Commerce with the 2014 Business Leader-Private Sector-Award. His interests are not restricted to the business world. A former Cyprus National Team basketball player, he has been involved in several sport and social activities. He was appointed by the State as a Fair Play Ambassador for 2011-2013 and honoured by the International Committee (IOC) in 2012 with its Sport and Social Responsibility Award.
Over the last three decades the Costas Papaellinas Organization has grown extensively in several directions. Through successful strategic moves, such as gaining new agencies, buying out related companies, introducing new innovative processes, as well as forging business alliances, it has succeeded in growing the family business twentyfold over the past 25 years. It has become one of the biggest employers of the Cyprus market having over 350 employees.
In addition to importing, distributing and retailing in Cyprus, the Papaellinas group also operates in Greece under the name of Costas A. Papaellinas (Hellas) S.A. The sister company’s headquarters are located on the outskirts of Athens and employs over 100 people.