Sklavenitis

Sklavenitis S.A.
Native name
Sklavenitis S.A.
Σκλαβενίτης Α.Ε.Ε.
Anonymi Etairia
Industry
  • Supermarket
Founded 1954 (1954)
Founder Ioannis Sklavenitis
Spyros Sklavenitis
Miltiadis Papadopoulos
Headquarters Peristeri, Greece
Key people
Gerasimos Sklavenitis (CEO)
Revenue Increase €1.270 billion (2014)[1]
Increase €39.60 million (2014)[2]
Total assets Increase €764.21 million (2014)[3]
Total equity Increase €622.25 million (2014)[4]
Owner Sklavenitis Family (80%)[5]
Nikos Mamidakis (14%)[6]
Andreas Potamianos (6%)[7]
Number of employees
18,000 (2015)
Subsidiaries The Mart
Chalkiadakis Market
Website www.sklavenitis.gr

Sklavenitis (Greek: Σκλαβενίτης) is a major supermarket chain in Greece. In terms of total market share is the third biggest retail group in Greece behind Carrefour Marinopoulos and the Belgian owned Alpha-Beta Vassilopoulos. The company was founded in 1954 by Ioannis Sklavenitis (1924-1993), Spyros Sklavenitis (1927-2006) and Miltiadis Papadopoulos ( -1999) initially as a wholesaler. The first supermarket was opened in 1969 in the Peristeri suburb of Athens. As of 2014, the company has 110 stores mainly concentrated in the greater Athens area, but it aims to expand nationwide in the near future. The average Sklavenitis store is significantly larger than most of its competitors, thus explaining the company's ability to generate increased sales with a relative small number of stores. The firm still belongs to the Sklavenitis family, although it has been rumoured that international retail giants, such as Tesco and Wal-Mart, are interested in acquiring the company. However the Sklavenitis family have shown no signs that they are willing to consider a takeover bid. Sklavenitis sales in 2013 were €1.74 billion-net income €62 million.

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This article is issued from Wikipedia - version of the Friday, February 05, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.