- CEO
- Theodoros V Anagnostopoulos
- Full Time Employees
- 218
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- Athens Greece
- IPO Date
- Dec 1, 1999
- Business
- Petros Petropoulos AEBE is a Greece-based industrial, automotive, and commercial equipment distributor and manufacturer engaged in the import, production, assembly, distribution, and after-sales support of commercial vehicles, passenger automobiles, industrial machinery, agricultural equipment, power generation systems, energy storage units, and specialty lubricants. Founded in 1922 and headquartered in Athens, Greece, the company operates across multiple dedicated business units serving commercial fleets, industrial enterprises, public sector entities, agricultural professionals, defense organizations, and retail consumers primarily throughout Greece and Cyprus.
The company organizes its product and service portfolio into core operational segments: Commercial Vehicles and Automobiles, comprising the distribution and servicing of heavy-duty trucks, urban and intercity buses, light commercial vans, and passenger vehicles representing brands such as Scania, Isuzu, Jaguar, Land Rover, Maxus, and BYD commercial electric vehicles; Two-Wheelers and Leisure, encompassing the import and distribution of motorcycles and off-road mobility equipment representing KTM, Husqvarna, and GasGas; Industrial and Material Handling Equipment, covering electric and internal combustion forklifts, warehouse handling systems, and industrial cleaning machines representing Hyster and Tennant; Agricultural Machinery and Power Tools, marketing tractors, harvesting equipment, agricultural implements, and forestry tools through its Geotec unit; Power and Marine Systems, consisting of the proprietary design, manufacturing, and maintenance of Petrogen generator sets ranging from standard backup to heavy industrial capacities, alongside Perkins industrial diesel engines, marine propulsion units, and Evinrude outboard motors; Energy Storage and Electromobility, developing proprietary clean energy technologies through its EcoShift division, including modular battery energy storage systems (BESS) and domestically engineered urban electric vehicles; Lubricants and Specialty Fluids, operating as the macro-distributor of Shell lubricants across Greece and Cyprus, as well as supplying Rocol industrial chemicals, MIDEL dielectric ester fluids, and MIVOLT battery immersion cooling fluids; and After-Sales and Technical Support, delivering fleet maintenance, diagnostic services, spare parts logistics, vehicle body conversions, and industrial battery solutions.
In recent strategic and operational developments, Petros Petropoulos AEBE has accelerated its business transformation toward decarbonization and energy transition through its EcoShift division and a specialized manufacturing facility in Metamorfosi, Athens. The company launched the commercialization and European L3e certification of NOOS, a proprietary Greek-engineered and manufactured electric urban scooter integrated into national electric mobility subsidy frameworks. In the energy storage domain, the company introduced the BES 1.0 modular battery energy storage unit for residential and micro-grid applications while expanding development into utility-scale storage systems leveraging second-life electric vehicle batteries. Concurrently, Petros Petropoulos expanded its automotive distribution agreements to include Maxus electric passenger and commercial vehicle ranges and BYD commercial electric vans in Greece. The company also broadened its specialty chemical portfolio to incorporate fire-safe transformer esters and immersion cooling fluids for high-performance battery systems, while establishing strategic defense services agreements, including technical support collaborations with Naval Group for naval diesel engine and auxiliary power maintenance.