Germanos Group
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The Germanos Group ( el, Όμιλος Γερμανός) is a Greek holding company based in
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 ...
,
Greece Greece,, or , romanized: ', officially the Hellenic Republic, is a country in Southeast Europe. It is situated on the southern tip of the Balkans, and is located at the crossroads of Europe, Asia, and Africa. Greece shares land borders with ...
.


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 Recycling is the process of converting waste materials into new materials and objects. The recovery of energy from waste materials is often included in this concept. The recyclability of a material depends on its ability to reacquire the p ...
, thus reducing the negative effect of battery consumption to the environment.


Subsidiaries

*
Germanos (chain of stores) The Germanos chain of stores ( el, Γερμανός) is a multinational chain of retail electronic goods vendors. They specialize in offering electronic devices such as computers, digital cameras, mp3 players and mobile phones. They also offer fi ...
* e-value


International expansion

The Germanos group through its subsidiary's chain of stores has expanded into
Cyprus Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geo ...
as well as in
Eastern Europe Eastern Europe is a subregion of the Europe, European continent. As a largely ambiguous term, it has a wide range of geopolitical, geographical, ethnic, cultural, and socio-economic connotations. The vast majority of the region is covered by Russ ...
: *
North Macedonia North Macedonia, ; sq, Maqedonia e Veriut, (Macedonia before February 2019), officially the Republic of North Macedonia,, is a country in Southeast Europe. It gained independence in 1991 as one of the successor states of Socialist Feder ...
(sold to Telekom Slovenije) *
Poland Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous ...
*
Romania Romania ( ; ro, România ) is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern, and Southeast Europe, Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, S ...
*
Ukraine Ukraine ( uk, Україна, Ukraïna, ) is a country in Eastern Europe. It is the second-largest European country after Russia, which it borders to the east and northeast. Ukraine covers approximately . Prior to the ongoing Russian inv ...


References

{{Reflist


External links


Germanos Group website (in Greek)
Retail companies of Greece Companies based in Athens Greek brands