Kite Hellas Ltd. was founded

Kite Hellas Ltd. was founded in November 1991 by Stratos Tsakalos, who was then Managing Director of the American Multinational Company SMITHKLINE and FRENCH S.A..

Stratos Tsakalos left the above company due to its merger internationally with BEECHAM S.A. already having worked as Financial Manager of the Swiss Multinational Roche Hellas S.A.and for a short period of time as Manager of the American Pharmaceutical Company Pfizer Hellas S.A.

Also, he was one of the first Executives of Ergasias Bank before his working in the Pharmaceutical market.

With initial capital 1.000.000 drachmas or  3.000,00 €, the Company was first located in the central Athens business area, close to Omonia Square.


The Company moved to the newly purchased premises

However, due to the continuous growth, the Company moved in July 1999 to the newly purchased premises on Ionias Avenue. This move also doubled the Headquarters’space. In addition, a branch has been opened in Thesaloniki, Northern Greece,at 4 Macedonias Str.

Stratos Tsakalos is a member of the Board Directors of the HellenicAssociation of Pharmaceutical Companies (SFEE) and alternate member at the Pricing Committee of the Ministry of Commerce.


KITE’s reserve fund is € 600.000,00

Today, in the year 2018, KITE’s reserve fund is € 600.000,00. Shareholders of the Company are John Tsakalos with 50% and Aggeliki Tsakalou with50%.

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