P. Germanos Group, Olympia Development, has been operating for 32 years in Greece with a 19-year ongoing development in the global market. Following the guidelines of dynamic management and also a successful route of strategic cooperations and 4,600 job openings in Greece an abroad, P. Germanos Group currently ranks as one of the top Greek groups of companies. The group’s timeless target is to create values in all operating sectors.

In Greece, P. Germanos Group holds a major position in retail, industry and technology wholesale.

In the retail market, the group ventures via Public and Multirama companies and also via Getitnow.gr online shop. After 7 years of presence in the Greek market, Public is currently one of the major market players, offering a modern buying and entertaining experience to Greek consumers.

In the market of technology, the group ventures with Westnet Distribution, serving as the main distributor and representative of information technology and mobility products, in cooperation with key international companies, like Asus, HP, Lenovo, LG, Philips, Samsung and other.

In the industrial and energy products market, SUNLIGHT SYSTEMS S.A. represents P. Germanos Group. Beyond the country’s boundaries, the group promotes the value of Greek know-how and experience with mobile telephony company PLAY that has obtained 20% of the market share during the last 5 years, being ranked as the fastest growing mobile telephony company in Europe.

Investments worth €130 million in the Greek market

The choice of trust in the Greek market and also fresh investments are the two non negotiable values of the group, proved by the capital increase of €130 million, mainly boosting the group’s activity in the retail section to move to further investments in its store network, with Public Stores leading the fast points of sale expansion.

Public: 50 stores and 350 job openings by the end of 2013

Public Stores represent the only chain of stores that, amidst financial crisis, strategically decides on investing in the Greek market by implementing a dynamic plan of growth. Within a year’s time, Public Stores have currently tripled their network, with 35 stores and 2 online stores in Greece and Cyprus, aiming at reaching 50 stores by the end of the year.

Geographical expansion of Public Stores contributes to the reinforcement of local societies by creating job openings in Athens and the Greek region in several employment categories. In the network’s stores, 1.100 people are currently employed and new job openings will reach 350 by the end of 2013.

Moreover, by the end of 2013, Public Stores, aiming at spreading the idea of Greek culture beyond the country’s boundaries, will move to a pioneering cooperation with the largest international e-retailer, Amazon, offering 50,000 Greek language books, CDs and DVDs to 6 million Greeks living abroad.

The wide ranging of culture and technology products, the full telecommunications services in cooperation with WIND, the personnel’s expertise, the rich events agenda and the entertainment experience at Public Stores are the core elements of value, setting the platform for further stores expansion.