According to the company, this concerns a strong local retail chain with an established customer base and owned stores located in the city center, which will be leased to PENTE S.A.
In its announcement, PENTE S.A. – GALAXIAS stated that since its founding, it has been investing steadily and cautiously, relying solely on self-financing—a fact that confirms the strength and effectiveness of its strategic approach.
This agreement was successfully completed, resulting in PENTE S.A. – GALAXIAS acquiring the largest retail network in the Epirus region, strategically located at key points throughout the city, with significant investments made in the area of Ioannina.
This acquisition creates new job opportunities in the region and introduces a new consumer experience, while also reinforcing the company’s sustainable development strategy and commitment to investing in the retail sector.
PENTE S.A. – GALAXIAS is committed to ensuring the continuity and enhancement of service quality provided by the “VAS. PAPAGEORGIOU S.A. SUPER MARKET” stores. Furthermore, the employees of the latter will continue to be valuable partners in the successful implementation of this strategic initiative.
