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 €70 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.
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 is also present in Greece since 1956. The sister company in Greece, Costas A. Papaellinas (Hellas) S.A, has its headquarters on the outskirts of Athens and a branch in Salonica, employing over 150 people.
