Press Release

Honorary distinction of Mr. Pappas Ioannis, CEO of PAPPAS Elevators S.A., through the   "40 UNDER 40 2021” list of Fortune Greece magazine

The CEO of PAPPAS Elevators company was distinguished by Fortune Greece magazine for his talent, extroversion and innovation.

Athens, 7^th of September 2021. Mr. Ioannis Pappas, CEO of PAPPAS Elevators company, was included in the list "40 UNDER 40 2021" of Fortune Greece magazine along with businessmen who excel in Greece and abroad.

Specifically, through the list are presented companies that are active in the global market and invest in sustainable development and human. Moreover, 40 entrepreneurs under the age of 40 are highlighted, who innovate and pioneer, with key characteristics their talent, extroversion, empathy and new technologies.

Mr. Pappas, together with his brothers George and Margarita, took over the company, which has been active in the market of elevator and escalator services since 1979, and immediately launched an investment program combined with a complete business and digital transition to all levels.

Having as a competitive advantage the high know-how, PAPPAS Elevators company presented in the Greek and international market the innovative Proton series, which is the only True Plug & Play Modular series of pre-assembled elevators internationally, while in 2013 it completed the Standard Center of Research and Innovation for Elevators (PAPPAS Innovation Center - PiC), having as a purpose technology development and employee evolution.

The CEO of the company stated: "Through new technologies, we are trying to respond daily to the ever-increasing and demanding needs of our partners, in a difficult environment created by the pandemic, right after the economic crisis for all sectors. It is my honor that Fortune Greece chose to include me in the list "40 UNDER 40 2021", which is an institution of the innovation and entrepreneurship ecosystem of the country. However, this would not have been achieved without the daily efforts of all the people of PAPPAS Elevators. The guides of our success are the company's commitment to create successful partnerships, the investment in the continuous training of human resources and the belief in our values ​​which are Excellence, Innovation, the Winning Spirit and Respect for Human. "

About Pappas Elevators:

PAPPAS Elevators S.A. offers innovative vertical services (research, design, construction, installation, technical support, maintenance, repair, certification) to any type of lifting machine of vertical and horizontal transport inside buildings (lifts, escalators / treadmills, cargo / car lifts, platforms / chairs for the disabled, etc.)

It was founded in 1979 and today, apart from Greece, it operates in more than 20 countries and in demanding markets, such as Russia, the United Arab Emirates, Saudi Arabia, Germany, Great Britain, etc. More than 500,000 people use PAPPAS lift products on a daily basis.

PAPPAS Elevators S.A. apart from the construction sector, provides certified services of Integrated Technical Support throughout Greece, both to retail and corporate customers. More indicatively are included: Cosco Shipping, Alpha Bank, National Bank, My Market, etc.

The company and its service teams fully implement all the health rules set by the state for the safety of its customers and the prevention of the spread of Covid-19, while it is offering protection solutions in its products and services.

For more information, please contact with:

Mrs. Aggeliki Dreliozi

Marketing Department

Email: adreliozi@pappaslift.gr

Tel.: 210-2320086 (196)

Mob.: 694-9699969

Fax: 210-2320267