Greek Economy Leaders: The top success stories of Greek business were awarded
- mmanolis4
- Jul 23
- 2 min read
The top success stories of the domestic market were awarded at the Greek business awards ceremony, "Leaders of the Greek Economy 2025", organized by Direction Business Network, on Monday, July 14, 2025.
In the presence of more than 400 high-ranking business executives and representatives of the academic world, businesses and, of course, the people behind them, who stood out for their achievements and performance within and outside Greek borders, were honored.
The awards are based on the official financial data of the companies as reflected in their financial reports.
Notos Com Holdings was awarded the Turnaround Business Award for its successful return to profitability. The award was presented by the Deputy Minister of Internal Affairs, Mr. Vasilis Spanakis.
Mr. Christos Papaellinas, stated regarding the award:
“We are proud that we managed, after almost 10 years of loss-making years, to return to profitability in 2023, but also in 2024.
Our worthy staff, creditors, suppliers and customers, who trusted us in the implementation of our strategy, contributed to this.
We moved forward with new collaborations in cosmetics, with the trust that L'Oreal showed us for collaboration on its brands Azzaro, Cacharel, Diesel, Victor & Rolf and Raplh Lauren, and at the same time we developed the brands we represent with new stands at points of sale, and with an intensive CRM program.
In Apparel, we renewed almost all mono-brand points of sale with new concept stores and CRM programs and strengthened the presence of our main brands with their own e-shops.
We invested in our department stores with an extensive re-branding, combining its historical heritage with modern market demands. Notos department store was reintroduced to the public through a dynamic and renewed brand experience & brand portfolio.
We strengthened our sales network in Stationery with Faber Castell, being leaders in many subcategories of writing products (Pencils & Crayons No. 1, Highlighters No. 2, etc.).
NOTOS COM consistently invests in digital transformation, sustainable development and enhancing customer experience, with the aim of maintaining its leading role in modern Greek retail, based on the values of trust, innovation and commercial excellence.


