Shareholders Structure

Shareholders Structure

About Mr. Panos Germanos

Mr. Panos Germanos is the founder, majority shareholder and Chairman of The Olympia Group.Panos-Germanos

Panos Germanos, the farsighted founder of the Olympia Group, has a remarkably sharp eye for business opportunities. One such example is Sunlight Recycling.

A restless and creative spirit, and devoted to the corporate vision and values of the Olympia Group, Mr Germanos found himself, after the acquisition of the Sunlight Industrial Complex, facing an important environmental issue: the recycling of lead batteries.

In this framework, his strong sense of corporate responsibility led Mr Germanos to invest in Komotini, where he created SUNLIGHT Recycling, the most up-to-date lead battery recycling unit in Europe.

A native of Milies, in the Prefecture of Ilia, Panos Germanos began working while still an economics student at the Athens Law School, and quickly turned to the technology sector.

In 1980 he made his first business venture, opening the original GERMANOS store in downtown Athens. Initially specialising in batteries, it later evolved into the largest mobile telephony retail network in Southeast Europe, with over 5,000 employees and 1,000 stores in seven countries (Greece, Cyprus, Ukraine, Bulgaria, Poland, Romania and FYROM).

In 2006 he sold the GERMANOS network to Cosmote. At the time, it was the biggest business deal between two wholly Greek companies listed on the Athens Stock Exchange, and it created a new status quo in the telecommunications market.

At the end of the same year he founded the Olympia Group, an umbrella company for his 4 independent investments. SUNLIGHT, in the industrial sector, which has developed into one of the most powerful Greek export companies, leading at both the Εuropean and the global level. Public, his flagship in the retail sector, a chain of 48 technology and entertainment stores in Greece and Cyprus. Mr Germanos is also the major shareholder of WESTNET, an IT and hi-tech product distribution company. Finally, in the international business arena, he is the majority shareholder of Polish mobile telephony provider PLAY, which is also the largest Greek investment in Poland.



SYSTEMS SUNLIGHT S.A. is a global player in the field of integrated energy solutions, specializing in the development, production and marketing of batteries and energy storage systems for industrial, advanced technology and consumer applications. In its 3rd decade of sustained growth, the company today ranks among the world’s top providers of energy storage solutions.