Stelios Haji-Ioannou
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Stelios Haji-Ioannou
Sir Stelios Haji-Ioannou ( el, Στέλιος Χατζηιωάννου, translit=Stelios Hatziioannou; born 14 February 1967) is a Greek Cypriot entrepreneur. Born into a wealthy ship-owning family, he is best known for founding the low-cost airline easyJet and the Stelmar shipping line with start-up funds provided by his father, Loucas. easyJet's foundation in 1995 marked the beginning of a series of ventures marketed under the "easy" brand, managed by easyGroup and chaired by Haji-Ioannou. Early life Stelios Haji-Ioannou was born in Athens on 14 February 1967, the second of three children of Nedi (née Potsos) and Loucas Haji-Ioannou. He has an elder brother, Polys, and a younger sister, Clelia. Both of his siblings have a large stake in easyJet. His father's family originates from the village of Pedoulas high in the Troodos Mountains of Cyprus, while his mother is from the village of Laneia at the foot of the mountains. After his secondary education in Athens, he stud ...
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Athens
Athens ( ; el, Αθήνα, Athína ; grc, Ἀθῆναι, Athênai (pl.) ) is both the capital and largest city of Greece. With a population close to four million, it is also the seventh largest city in the European Union. Athens dominates and is the capital of the Attica region and is one of the world's oldest cities, with its recorded history spanning over 3,400 years and its earliest human presence beginning somewhere between the 11th and 7th millennia BC. Classical Athens was a powerful city-state. It was a centre for the arts, learning and philosophy, and the home of Plato's Academy and Aristotle's Lyceum. It is widely referred to as the cradle of Western civilization and the birthplace of democracy, largely because of its cultural and political influence on the European continent—particularly Ancient Rome. In modern times, Athens is a large cosmopolitan metropolis and central to economic, financial, industrial, maritime, political and cultural life in Gre ...
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Overseas Shipholding Group
Overseas Shipholding Group, Inc. (OSG - Overseas Shipping Group) () is the operator of a fleet of twenty-four oil tankers and oil tug-barges. It is based in Tampa, Florida, United States, and was founded in 1948. In 1969, under the leadership of Raphael Recanati, OSG began acquiring tanker ships to transport oil from Alaska to the lower 48 US states. In the 1990s, OSG began to acquire luxury cruise liners. In 1995, the cruise ships resulted in losses of over $12 million to OSG. As a result of the losses, Michael Recanati, the son of Raphael Recanati, was reported to have been forced to leave OSG. OSG has offices in Tampa, Florida and Newark, Delaware with nearly 900 sea and shore-based employees. The company filed for Chapter 11 bankruptcy in 2012 after the SEC accused CEO Morten Arntzen and CFO Miles Itkin of falsifying financial statements. In 2017, the company paid a $75,000 fine to the SEC to settle the securities fraud allegations. Former CFO Miles Itkin also paid a ...
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EasyCruise
EasyCruise (styled as easyCruise) was a cruise line of Greek ferry operator Hellenic Seaways. It was sold to them in August 2009 for £9 million by founder and Cypriot/British business man, Stelios Haji-Ioannou. They launched their first cruise ship EasyCruiseOne in 2005. Unlike other cruise lines, EasyCruise's business model offered passengers an inexpensive no-frills vacation with a la carte pricing for on board food and services. EasyCruise ended operations in early 2010. Development Stelios, who has a family background in shipping, decided to form a budget cruise line which he hoped would mirror the success of his budget travel airline, easyJet. In April 2004, the initial ship was acquired for an approach to cruising that was aimed at attracting younger customers who wished to spend the majority of their time on shore rather than on board a megaship. The ship would offer the barest of amenities, allowing very cheap prices to be advertised. Value would be added by chargin ...
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EasyFoodstore
easyFoodstore is a discount supermarket in London, England. The store has no item brands, and only has about 100 items such as tinned goods, pasta, rice, and cleaning products. History First announced by easyGroup in 2013, the easyFoodstore supermarket opened in London in February 2016, located next to easyBus easyBus is part of the EasyGroup. It was founded by entrepreneur Stelios Haji-Ioannou in 2003. It initially also offered intercity services within the UK in addition to city to airport low-cost bus transfers. History easyGroup first announce ... House (the headquarters of easyBus Ltd). The supermarket charged just 25p for essential food items. Just days after opening its doors it was forced to shut temporarily after running out of stock. The store now sells items at 50p each, with 25p returning during promotional periods only. References External links * See also * List of supermarket chains in the United Kingdom EasyGroup Supermarkets of the United ...
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EasyHotel
EasyHotel (styled as easyHotel) is an international budget hotel chain headquartered in London with 42 branches in ten European countries. History Originally founded by Stelios Haji-Ioannou through the easyGroup, easyHotel was incorporated in 2004 and opened its first hotel in South Kensington, London in 2005. Whilst easyHotel owned its first hotel in South Kensington (which was subsequently sold and franchised in 2007), its growth strategy in its early years was to expand via franchise contracts. In 2007, Easygroup signed with Dubai-state-owned ''Istithmar Hotels'' for them to invest 400 million USD in five years to build 38/3800 Easy hotels/rooms in Africa, the Middle East and parts of Asia. However, only a sole hotel in Dubai opened in 2010 which since closed. Later in 2007, easyHotel also signed a master franchise agreement with Germany-based ''i.gen Hotels'', planning 60 franchised EHs in Europe (outside the UK) in three years, of which about 10 were expected in Germany.Tra ...
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EasyBus
easyBus is part of the EasyGroup. It was founded by entrepreneur Stelios Haji-Ioannou in 2003. It initially also offered intercity services within the UK in addition to city to airport low-cost bus transfers. History easyGroup first announced its intention to operate no frills express services in 2003, initially in competition with National Express along the London to Birmingham corridor. Operations began in August 2004, with a service between London and Milton Keynes introduced.EasyBus confirm Milton Keynes start date
''Bus & Coach Professional'' 5 August 2004
To keep costs down easyBus originally used Hendon Central station in north London ...
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Time Magazine
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United States. The ...
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EasyCar
easyCar (formerly easyRentaCar) is a British-based car brokerage firm. It was founded by Sir Stelios Haji-Ioannou in 2000 and formerly undertook car rental services. It is a wholly owned subsidiary of easyGroup. History In April 2000 easyGroup set up the company with the only rental car available being the Mercedes-Benz A-Class The Mercedes-Benz A-Class is a subcompact car produced by the German automobile manufacturer Mercedes-Benz as the brand's entry-level vehicle. The first generation (internally coded W168) was introduced in 1997, the second generation (W169) i .... easyCar Club was launched by easyCar in February 2014 as a peer-to-peer rental scheme that allows members to rent under-used private cars from one another. On 1 December 2018, easyCar Club stopped accepting bookings citing a problem reaching an agreement with an insurer. On 18 December 2018, easyCar Club informed members that it was ceasing operations to join forces with Turo, and offering incentives f ...
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EasyGroup
EasyGroup Ltd (styled as easyGroup) is a British multinational venture capital conglomerate founded in 1998 and privately owned by Sir Stelios Haji-Ioannou. Overview The group is registered in the Cayman Islands, but operates from its office in Kensington, London. The company was established to expand the "easy" brand following the successful launch of EasyJet in 1995. The first use of "easy" after EasyJet was the EasyInternetcafé established in June 1999. This was followed in 2000 with the establishment of EasyRentacar, later renamed EasyCar. easyGroup is the holding company controlling the "easy" family of brands. Through its wholly owned subsidiary EasyGroup IP Licensing Ltd, the company licences the Easy brand to other businesses. From 2012 to 2017, easyGroup also licensed the Fastjet brand to the low-cost African airline. The easyGroup of companies have a complex structure that contains elements of a generic conglomerate and a keiretsu, and sometimes it simply lice ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably ...
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