|The Costas Papaellinas Organization
|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 80 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. Its CEO, Paris Papaellinas, through his multidimensional sports activities has been honorarily nominated and awarded the “Cyprus Fair Play Ambassador 2011-2012” and “Sport for social responsibility 2011” awards, by the Cyprus Sports Ministry and the EU respectively.
Over the last three decades the Costas Papaellinas Organization has grown extensively in several directions, through organic growth as well as local acquisitions. It has become one of the biggest employers of the Cyprus market having over 300 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.
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