Pitsos

Infobox Company
company_name = PITSOS "ΠΙΤΣΟΣ Α.Ε"
company_
vector_
company_type = Subsidiary
genre =
foundation = 1865
founder = Pitsos family
location_city = Athens
location_country = Greece
location = Kifissia
origins =
key_people =
area_served = Greece, Europe, Middle East
industry = Manufacturing
products = white goods
revenue = € 308,471,024
operating_income =
net_income = € 26,954,812
num_employees = 1,200
parent = BSH Group (Bosch und Siemens Hausgeräte GmbH)
divisions =
subsid =
owner =
company_slogan = "ξέρεις γιατί (you know why)"
homepage = http://www.pitsos.gr/
dissolved =
footnotes = PITSOS Ltd (Πίτσος) was founded in Athens in 1865 and began as a company manufacturing small household appliances and oil heaters. In 1959 it began production of fridges in a new factory; it soon invested heavily on the development and production of a wide range of modern home appliances, including TV sets. Other metal structures, including 3-wheel pickup trucks were also produced. In 1977 it was bought by Siemens Hellas Ltd. In 1996, Bosch, Siemens and Pitsos merged into a single company named "BSP". Gaggenau and Neff joined the group in 1998 and 2002 respectively. Recently,the company was rebranded to "BSH Home Appliances" ("BSH Ikiakes Syskeves A.B.E"). It boasts a leading position in the Greek household appliances market with a market share of approximately 40%. Its revenue reached €308 Million in 2005. [ [http://www.statbank.gr/balance.asp?CD=9029000 Statbank ] ] Approximately one third of the total revenue comes from exports mainly to Europe and the Middle East.

Production facilities are now in Athens and the company employs 1200 personnel. [ cite web|url=http://www.bsh-group.com/laender/gr/welcome.php |title=Καλώς ήλθατε στην Ελλάδα |accessdate=2007-04-15 |publisher=BSH Group |language=Greek ] It is the leading white goods manufacturer (such as refrigerators, fridges and ovens and, decreasingly, washing systems) in Greece producing 400,000 units per year, 30% of which for export. [http://www.bsh-group.com/laender/gr/index.htm] The company manufactures products that incorporate substantial innovations such as the "No Frost" and "Super Frost" technologies on refrigeration systems and "pyrolysis" system on cooking systems.

References