Dorita Yiannakou
The Pappantoniou supermarket in Engomi has undergone a complete renovation and will reopen its doors in early March under the new name Sklavenitis. This marks the first of the nine former Pappantoniou stores that have now joined the Sklavenitis Cyprus network, following the integration process last November.
According to sources from K, the Engomi location has been renovated to meet the high standards of Sklavenitis hypermarkets. The main goal of the Sklavenitis Group is to overhaul the nine Pappantoniou stores to align them with Sklavenitis’ philosophy. Renovations for all nine stores are expected to be completed by September this year, with the official rebranding from Pappantoniou to Sklavenitis also set to be finalized.
It’s important to note that the 27 stores currently under the Sklavenitis Group—18 Sklavenitis stores and 9 former Pappantoniou stores—are all offering the same prices across their product range. As part of the consolidation process, efforts are underway to harmonize the pricing structure to match Sklavenitis' standards. The company has also honored its commitment to retaining all 769 employees from the Pappantoniou stores, and is actively looking to hire new staff to support its expanded network.
Looking ahead, Sklavenitis Cyprus expects a turnover of €400 million in 2025 following the acquisition of the Pappantoniou supermarkets. In 2024, the network reported a turnover of €230 million, compared to €211 million in 2023.
The Pappantoniou hypermarkets, originally established in Chloraka in 1987, operated nine stores across various locations, including Paphos, Chloraka, Kato Paphos, Polis Chrysochous, Geroskipou, Ypsonas, Limassol, Pissouri, and Egkomi. Before the acquisition, the Greek Sklavenitis group operated 18 stores across Cyprus: 8 in Nicosia, 5 in Limassol, 2 in Paphos, 2 in Larnaca, and 1 in Paralimni.
*This story was translated and summarized from its Greek original
