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Historical Background

1969-1984: The founder of the company Mr. Stelios Kanakis is working for his father’s business, which is producing oils and shortenings for bakery and confectionery.

4.12.1984: First visit of the founders of STELIOS KANAKIS in Dragsbaek Margarinefabrik in Denmark.

23.4.1985: First consignment of Dragsbaek margarine is unloaded at Kanakis Co.

1993: Conversion of the business into a Societé Anonyme under the name “STELIOS KANAKIS S.A.”.

1996: Acquisition of land in Acharne-Attiki (total area of 10.500 m2) for the construction of new modern premises.

4.12.2000: Completion of construction of STELIOS KANAKIS S.A.’ s modern warehouse facilities and offices based in Attiki.

18.7.2002: First day of trading of 20% of the Company’s shares in the Athens Stock Exchange.

December 2002: Acquisition of land in the Thessaloniki industrial area (total area of 10.500 m2) for building the Company’s new branch in the North of Greece.

2003: Acquisition of new pieces of land around the current main facilities in Athens (current total surface of land: 15.819 m2)

July 2003: STELIOS KANAKIS S.A. makes an agreement with the famous French gastronomy school ECOLE LENÔTRE for exclusive cooperation in conducting high standard specialization seminars for professionals in Greece, Cyprus & Bulgaria.

October 2003: Opening of the “Athens Center of Gastronomy” within the main facilities building in Acharne – Attiki.

2004: The Company starts with a fast pace its penetration to the Cypriot market.

November 2005: Beginning of construction of the new privately owned warehouse and office facilities in Thessaloniki.

5.3.2007: Starting of operations of STELIOS KANAKIS S.A.’ s branch in the North of Greece. The brand new distribution center in the Industrial Area of Sindos signalizes the start up of the Company’s export activity in the wider Balkan region.

September 2007: Beginning of the programs of the Thessaloniki Center of Gastronomy within STELIOS KANAKIS S.A. Northern Greece premises.

December 2007: The Company strengthens its position in the area of Kosovo through the signing of an exclusive distribution agreement with the company AR & BI SHPK.

May 2008: Signing of an exclusive agreement for the distribution and promotion of STELIOS KANAKIS S.A.’s products in the Bulgarian market with the Bulgarian company ALMA LIBRE LTD.

November 2008: The Company is awarded with the distinction “2nd Best partner worldwide” by the leading French dairy producer ELLE&VIRE.

November 2009: STELIOS KANAKIS S.A. and its exclusive Bulgarian distributor ALMA LIBRE LTD receive 3 golden awards during 3 different contests at BULPEK International Exhibition for bakery and pastry, which took place in SOFIA November 11 – 14, 2009.

September 2010: STELIOS KANAKIS S.A. is included in the “Strongest Companies in Greece” community by ICAP Group. This important acknowledgement verifies the Company’s creditworthiness and links her to the most powerful enterprises in Greece, which are ready to face the challenges of our times.

September 2011: STELIOS KANAKIS S.A. was awarded for the second consecutive year with the prize “ICAP STRONGEST COMPANIES IN GREECE CERTIFICATE 2011”. “Strongest Companies in Greece” are the companies which are classified at the highest rating scores of ICAP Group.

November 2011: STELIOS KANAKIS S.A. and ALMA LIBRE Ltd win the golden prize in the confectionery competition “Best Sweet: Taste, Appearance & Innovation” during the international exhibition of bakery and confectionery, BULPEK, which was held in Sofia, Bulgaria from 09 to 12 November 2011.

February 2011: STELIOS KANAKIS S.A. wins the third prize at the institution “MONEY Business Awards – 2011 George Ouzounis” in the category Best Companies FTSE-SMALL CAP/80 – 2011.
In the category Best Companies FTSE-SMALL CAP/80 – 2011, a number of factors were evaluated, such as the course of economic performance, stability, expanding the market share, the stock market route and the relationship with investors, the internationalization effort, the innovation and an emphasis in investments.

May 2014: STELIOS KANAKIS S.A. is included in the list with the “Diamonds of the Greek Economy” according to STATBANK’s evaluation of the 7.000 largest (based on their turnover) industrial and commercial companies of Greece marked on 10 financial indicators.