Sklavenitis Cyprus

What Sklavenitis Cyprus does

Sklavenitis Cyprus (legal entity: ΣΚΛΑΒΕΝΙΤΗΣ ΚΥΠΡΟΥ ΛΙΜΙΤΕΔ / Sklavenitis Cyprus Limited) is a wholly-owned subsidiary of the Greek Sklavenitis Group, operating a supermarket chain across Cyprus. As of November 2024, the subsidiary runs 27 physical stores distributed across Nicosia (9), Limassol (7), Paphos (7), Larnaca (2), Paralimni (1), and Pissouri (1), following the integration of the PAPANTONIOU chain. The offering spans groceries, fresh produce, meat, dairy, frozen foods, beverages, bakery items, ready meals, household and personal care products, and a private-label line ("Μόνο σε εμάς" / Only at ours), mirroring the parent group's assortment and price-led positioning. Technology infrastructure is conventional retail IT: an ATCOM-hosted e-commerce and store-locator platform, Akamai CDN, Google Analytics, and LiveChat for customer support; payments are processed via Mastercard, Visa, and Maestro. A June 2026 partnership with Hanshow is deploying Electronic Shelf Labels (ESL) across the Greek store base, with potential extension to Cyprus.

The business model is direct-to-consumer physical retail supplemented by group-level e-commerce (eMarket) where available. Revenue is generated through transactional retail sales at standard pricing — Sklavenitis holds the lowest-priced grocery basket among major Greek supermarket chains per the e-kalathi comparison (€972.10 versus Philippos at €1,080.72). The Cyprus subsidiary does not yet operate a local eMarket delivery service; e-commerce currently covers Attica, Thessaloniki, Patras, Larisa, and Ioannina at the group level. At the group level, Sklavenitis generated €6.13 billion in 2025 revenue across 548 stores, serves 816,000 customers daily, and employs 43,445 people, with the parent retaining a Greek family-owned, privately held structure (no public listing, no disclosed external equity).

Name

Sklavenitis Cyprus

Legal name

Ελληνικές Υπεραγορές Σκλαβενίτης Ανώνυμη Εμπορική Εταιρεία

Website

https://sklavenitis.gr

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Sklavenitis Cyprus operates a 27-store supermarket chain across Cyprus (Nicosia, Limassol, Paphos, Larnaca, Paralimni, Pissouri) as a wholly-owned subsidiary of the Greek Sklavenitis Group, selling groceries, fresh produce, household goods, and private-label products to Cypriot consumers under a price-leadership positioning.

Ownership category

akta.pro rank

Product category

Grocery Retail / Supermarket

NAICS

All Other Specialty Food Retailers (445298)

SIC

Retail-Grocery Stores (5411)

akta.pro primary industry

Mediterranean/Greek/Italian/Spanish Grocery Stores (CRAHAFAJ)

Keywords

• Grocery retail
• Supermarket chain
• Fresh produce
• Household essentials
• Private label foods

Headquarters

HQ city

Peristéri

HQ country

Greece

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Retail Sales - Physical Stores: Revenue from sale of food, beverages, and consumer goods through 466+ physical retail stores in Greece and 27+ stores in Cyprus. Multiple store formats: Hypermarket, Supermarket+, Supermarket, Freshmarket, Self-service, Food to Go, and Franchise.
2. E-commerce Sales - eMarket: Online grocery delivery service with home delivery fees (€2.50 for orders €20-100, €1 for orders €100+). Delivery coverage to Attica, Thessaloniki, Patras, Larisa, and Ioannina.
3. Group Revenue 2025: Group revenue of €6.13 billion in 2025

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Sklavenitis Cyprus operates a chain of 27 retail supermarkets across Cyprus selling groceries, fresh produce, meat, dairy, frozen foods, beverages, bakery items, household essentials, personal care, and private-label products. The subsidiary was expanded through the November 2024 acquisition of the PAPANTONIOU chain. It is part of the broader Sklavenitis Group founded in 1954.

Product overview

Sklavenitis operates as a unified supermarket platform combining physical retail stores with digital commerce. The core offering is the physical store network of 466 stores plus the eMarket online supermarket platform, which provides identical pricing and product range as physical locations with home delivery service. The portfolio includes specialized sub-brands: Food to Go pilot stores offering ready meals, the Sklavenitis Cyprus subsidiary with 27 stores, and a private label 'Μόνο σε εμάς' (Only at ours) product line. The company also publishes seasonal catalogs like Σπίτι & Κήπος (Home & Garden) for non-food retail. The group includes ΕΛΛΗΝΙΚΕΣ ΥΠΕΡΑΓΟΡΕΣ ΣΚΛΑΒΕΝΙΤΗΣ Α.Ε.Ε., Sklavenitis Cyprus Limité, Mart Kas Kai Kari A.E.E., and Chalkiadakis A.E., operating 548 total stores across Greece and Cyprus.

Differentiator

Problem solved

Functional benefit

Brands

• eMarket: Online supermarket platform of Sklavenitis offering home delivery of groceries across major Greek cities.
• ΣΚΛΑΒΕΝΙΤΗΣ Food to Go

Products and services

• Sklavenitis Cyprus Retail Stores
• Private Label Products (Μόνο σε εμάς)

Quantifiable outcome

• Lowest priced supermarket among tracked chains - basket difference of €108.62 (11.2%) vs most expensive competitor Philippos

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• HanshowcoreTechnology or Integration · 2 June 2026Hanshow partnered with Sklavenitis for the nationwide deployment of ESL (Electronic Shelf Labels) across Greece. This technology partnership enables digital price display and management across the store network.
• 3,000+ SupplierscoreOthersSklavenitis collaborates with more than 3,000 suppliers from Greece and abroad for product supply.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ABM Vassilopoulos (AB Βασιλόπουλος): Greek supermarket chain and direct multi-format competitor to Sklavenitis in Greece, operating comparable store formats including hypermarket and supermarket tiers and competing head-to-head in the e-kalathi price benchmarks referenced in the data.
• Lidl Hellas: Greek subsidiary of the German hard-discounter Lidl, directly competing with Sklavenitis on price-sensitive grocery baskets and rapidly expanding its own store footprint across Greek regions.
• The Mart (ΜΑΡΤ ΚΑΣ ΚΑΙ ΚΑΡΥ): Greek supermarket brand listed as a wholly-owned subsidiary of the Sklavenitis Group; comparable grocery retailer with overlapping product range, also serving as a peer benchmark for grocery-store operations in Greece.
• Aldi Hellas: Greek arm of the Aldi discount chain, competing with Sklavenitis on everyday low-price grocery SKUs and expanding physical stores across Greece.
• Veropoulos (Βερόπουλος) / part of ABM: Greek supermarket chain (now consolidated with ABM Vassilopoulos) competing with Sklavenitis in Northern Greece, with comparable format mix and pricing-led positioning.
• Masoutis (Μασούτης): Greek regional supermarket chain with a meaningful share in Northern Greece; competes directly with Sklavenitis in Thessaloniki and surrounding markets using a similar multi-format grocery model.
• Carrefour Marinopoulos: Greek franchisee of the Carrefour banner, directly competing with Sklavenitis in supermarkets and hypermarkets in Greece, with overlapping product range and pricing-led competition.

Regional players

• Alpha Mega (Cyprus): Largest Cypriot supermarket chain, directly competing with Sklavenitis Cyprus across Nicosia, Limassol, Larnaca, Paphos and other Cypriot cities — closest direct peer in the Cyprus territory where Sklavenitis is building via the PAPANTONIOU acquisition.
• Lidl Cyprus: Cypriot subsidiary of Lidl competing on price-led grocery in the same Cypriot cities where Sklavenitis Cyprus operates, applying a regional discounter playbook directly analogous to the Greek-market overlap.

Broad incumbents

• Metro Cash & Carry Greece (METRO): Greek arm of the global METRO wholesale/cash-and-carry group, addressing overlapping HORECA and small-business grocery customers with bulk formats — broader portfolio but adjacent to Sklavenitis's trade-customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/sp_sklavenitis
• Facebookfacebook.com/Sklavenitis-Franchise-PARGA
• LinkedInlinkedin.com/company/sklavenitis

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sklavenitis Cyprus