• 2016 – Present day
Petsiavas SA successfully engages in three main sectors: Pharmaceuticals and Health Products, Consumer Products, Chemicals & Plastics. The company’s management is now in the hands of Dimitris Petsiavas’ daughters Christina and Margarita, the family’s third generation, with Mr Simos Anastasopoulos holding the position of President and CEO.
Awarded as one of the most powerful and financially sound companies in the Greek market.
Its presence is established in Cyprus with the foundation of Petsiavas Cyprus Ltd.
Its headquarters are transferred from Syntagma to its Kato Kifissia facilities. It creates an office and warehouse in Thessaloniki aimed at meeting the needs of the entire Greek market.
POLYKEM SA is founded in collaboration with the American company DOW CHEMICALS. The company’s line of business includes the distribution of DOW’s thermal insulation materials. Petsiavas SA holds a 50% stake in the business.
The construction and commissioning of the newly-built pharmaceuticals production plant in Kato Kifissia.
In the 1960-1970s, the company plays an active role in the country’s industrial growth undertaking projects such as:
>Machinery for the expansion of the television network’s installations (1968)
>BREDA steam engines for the Greece’s rail road network
>Installation of telecommunications between Middle East-Greece-Europe
Dimitris Petsiavas creates a new company giving it its present form. Offices are constructed at the corner of Nikodimou & Voulis Streets, Syntagma.
Nikoloas Petsiavas’ son Dimitris returns to the company having completed his studies as a Chemical Engineer at Columbia University in the city of New York. He brings valuable experience with him having worked for 10 years as a researcher in one of the largest pharmaceutical companies. His experience gives the company a new boost, which largely engages in the pharmaceuticals and medical hospital materials sectors, and joins forces with leading companies such as: CIBA, ALLERGAN, DOW CORNING, MERCK.
Petsiavas’ second major collaboration, which will also last for 50 years, is with the American company DOW CHEMICALS. Prompted by N. Petsiavas SA, DOW constructs a plant in Lavrio in 1960. This initiative will constitute the first comprehensive foreign industrial investment in Greece.
A landmark collaboration is entered into between Petsiavas and the Swiss company SANDOZ in the chemicals and textile dye industry. This collaboration will span for 50 years.
It changes legal form and is converted to a Societe Anonyme under the name N. Petsiavas SA. It moves to privately-owned office space at 46 Mitropoleos Street.
Petsiavas is incorporated by Nikoloas Petsiavas with offices on the corner of Panepistimiou & Patision Streets, Omonia. The company is active in the insurance and trade field as a fabric representative. In the years that follow it expands its activities into the chemical and textile dye, plastic raw materials, and health industries.