The Germanos Group ( el, Όμιλος Γερμανός) is a Greek holding company based in
Athens,
Greece.
History
The Group started as a battery shop in Athens in 1980 and since then has expanded into retail when it opened its first store by the same year.
In 2003 Germanos in a joint operation with
Folli Follie
Folli Follie is a Greek-based international company which designs, manufactures and distributes luxury jewellery, watches and fashion accessories.
History
The company was established in 1982 in Greece by Dimitris Koutsolioutsos ( el, Δημήτ ...
bought a 40% stake of the
Hellenic Duty Free shops.
In 2006 it was acquired by Cosmoholding Cyprus Ltd., a subsidiary of the mobile operator
Cosmote
COSMOTE MOBILE TELECOMMUNICATIONS S.A. ( el, COSMOTE ΚΙΝΗΤΕΣ ΤΗΛΕΠΙΚΟΙΝΩΝΙΕΣ Α.Ε.) known as just Cosmote is the largest mobile network operator in Greece. The company is headquartered in Athens and is a fully owned subsidia ...
.
Battery manufacturing
Germanos Group's focus is
battery
Battery most often refers to:
* Electric battery, a device that provides electrical power
* Battery (crime), a crime involving unlawful physical contact
Battery may also refer to:
Energy source
*Automotive battery, a device to provide power t ...
manufacturing for vehicles and electronic devices, while the retail part of electronic goods is given to the chain of stores by the same name.
Environment
The Germanos Group has been operating a battery recycling program called ''Dias Bat'' since 2004. In every
Germanos Store batteries are collected and given for
recycling, thus reducing the negative effect of battery consumption to the environment.
Subsidiaries
*
Germanos (chain of stores)
*
e-value
In null-hypothesis significance testing, the ''p''-value is the probability of obtaining test results at least as extreme as the result actually observed, under the assumption that the null hypothesis is correct. A very small ''p''-value means ...
International expansion
The Germanos group through its subsidiary's chain of stores has expanded into
Cyprus as well as in
Eastern Europe:
*
North Macedonia (sold to Telekom Slovenije)
*
Poland
*
Romania
*
Ukraine
References
{{Reflist
External links
Germanos Group website (in Greek)
Retail companies of Greece
Companies based in Athens
Greek brands