AlphaMega
Cypriot supermarket chain From Wikipedia, the free encyclopedia
AlphaMega or AlfaMega (in Greek: ΆλφαΜέγα) is a Cypriot supermarket chain founded in 1997.[2] In 2020, it was the second largest supermarket chain in Cyprus in terms of revenue, behind Lidl. As of January 2025, AlphaMega has a total of 21 supermarkets in Cyprus.[3]
 | |
| Company type | Limited Company |
|---|---|
| Industry | Mass retail |
| Founded | 1997 |
| Founder | Andreas Papaellinas[citation needed] |
| Headquarters | , Cyprus |
Key people | George Theodotou (CEO)[citation needed] |
| Products | Food products, household items, beauty products, sports articles |
| Revenue | €117 million (2020)[1] |
Number of employees | 2,200 employees (2023)[2] |
| Parent | Ch. A. Papaellinas Group |
| Website | www |
 | This article needs additional citations for verification. (September 2024) |
History
In May 2022, AlphaMega entered into a strategic partnership by marketing over 1,000 products from the Casino Group, making Casino products, packaged in French, a reference in Cyprus.[4][5]
In April 2024, CEO George Theodotou announced the upcoming opening of an additional store on the island, in Astromeritis, which would bring the number of supermarkets on the island to twenty in the future.[6]
Financing
AlphaMega is owned and operated by the Ch. A. Papaellinas Group, a major player in the distribution sector in Cyprus.[7]
Communication
AlphaMega is the main sponsor of the Alphamega Stadium, an 11,000-seat football stadium located in Limassol.[8] This stadium, inaugurated in December 2022, hosts the football teams of AEL Limassol, Aris Limassol, and Apollon Limassol. The contract signed by AlphaMega stipulates that the stadium will bear the name of the supermarket chain until its renewal at the end of the 2027–2028 season.[9][10]
References
External links
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