KEO Ltd

KEO Ltd

Infobox Company
company_name = KEO (Κυπριακή Εταιρία Οίνων, Cyprus Wine Company)
company_
company_type = Public Limited Company
foundation = 1927
location = Limassol, Cyprus
key_people =
area_served = Cyprus
industry = Food
products = Beverages
revenue = CYP £36,856,013 (2004)
operating_income =
net_income =
num_employees = 720
parent =
subsid =
homepage = http://www.keogroup.com/
footnotes =

KEO plc (Greek: Κυπριακή Εταιρία Οίνων, Cyprus Wine Company) is the largest beverage company on the island of Cyprus. It also represents the largest industrial employer on the island.

Reflecting its name it started off as a company producing wine in the Limassol district. In 1951 it ventured into beer production by importing expertise from Czechoslovakia. Its product range has since expanded to include desert wines (eg Commandaria), bottled water, brandy, spirits (including zivania), juices and canned food.

Such is their presence on the island that they have become a household name both with locals and the millions of annual tourists. The company is an active participant at the annual Limassol wine festival.

Following Cyprus’ recent accession to the European Union, KEO has drawn up plans to expand its operations on continental Europe.

Its shares are listed on the Cyprus Stock Exchange. Cyprus’s Orthodox Church directly controls an 18.9% stake in KEO. [cite news | first= | last= | coauthors= | title=In Brief (Business & Finance) | date=2007-08-14 | publisher=Reuters | url =http://www.ekathimerini.com/4dcgi/news/economy_&xml/&aspKath/economy.asp?fdate=14/08/2007 | work =Kathimerini | pages = | accessdate = 2007-08-16 | language = ]

KEO beer

References


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