Public: Expansion in the market of Cyprus with a 5th store in Paralimni

Public Stores, member of Olympia Group, have expanded their network with a new store in Cyprus, thus bringing the total number of stores to 5 in the country and to 54 in both Greece and Cyprus.

Public Stores proceeded into the inauguration of this new ultra modern superstore of 800 m2 in Paralimni, Municipality of Ammochostos, Cyprus. The investment in the new superstore resulted into 20 new employment positions. The new store envisages becoming the new point of reference in the city thus making reality the unique concept of Public in the local community, meaning both for its residents and its visitors, who will now have the opportunity to discover more than 500,000 entertainment and technology products such as tablets, smartphones, TVs, action cameras, books, toys, school products, paper products, stationery, movies, music products and videogames.

The new store is located at the busiest street of Paralimni which is one of the largest cities in Cyprus, specifically at April 1st Avenue, and geographically covers the southeast part of the island including the most attractive tourist destination of Protaras.

Mr. Christos Kalogerakis, Chief Executive Officer of Public Stores, stated the following: “Strongly committed to our plan, we continue to invest in the development of the network of Public Stores via the operation of a new store in Cyprus, which is a very important market for our company. Within 12 years of presence in the Cypriot market, we have managed to establish ourselves as the largest network of stores in the area of entertainment and technology by operating in total 5 stores in all major urban centers of the island. The unique concept of Public in combination with the exceptional work and efforts of our people in Cyprus, have transformed our stores into actual points of reference for the areas where they are located. This fact provides us with the required energy and boost and it therefore facilitates our continuous expansion.”

The inauguration of the new store coincides with the beginning of the new school season. In this framework, the new store offers the opportunity to both parents and students in Paralimni, as well as in the other cities of the expanded network of Public Stores in both Greece and Cyprus, to find the best collections of well known brands and office products, school bags with the most innovative designs, numerous pens, notepads, stationery, books as well as other school aid books and foreign language books in unique prices.