22 C
June 28, 2022

Alexandrion Group becomes a global “player”

Alexandrion Group is constantly developing and becomes a global “player”, and, in order to help navigating into this expansion journey, it introduces a new corporate structure.

The group is currently operating in the following fields: production and distribution of spirits and wines, building materials and real estate, agriculture and tourism. Alexandrion Group has offices and branches in Romania, Cyprus, USA, Brazil and Greece.

Within the newly announced structure, there will be a separation of roles between the Group Chairman and the CEO. The Chairman position will be held by Mr. Nawaf Salameh, who will coordinate all the strategic decisions of the Group.

“Even if it is growing, Alexandrion Group will continue to be a family company. It will be transmitted from generation to generation, and each of us will actually work for the next generation. I have already brought two of my sons along and they will learn how to run a business. They will not be allowed to sell the company, but only to work and make it more thriving for my successors and theirs”, said Nawaf Salameh, Chairman of Alexandrion Group (photo).

The CEO’s role is taken over by the current Vice-President, Mr. Stelios Savva, who will be in charge with forming, implementing and monitoring the strategy for the whole group, globally.

Mr. Savvas Charalampous, as CFO, will coordinate the financial operations of the entire group.

The Alexandrion Group Board of Directors, at global level, will consist of three positions: Chiarman, CEO and CFO. Thus, the most important decisions on the strategy and the medium and long-term business plan will be taken by Nawaf Salameh, Stelios Savva and Savvas Charalampous.

Alexandrion Group’s expansion, both in Romania and globally, also brings with it a need for centralized control that supports the development plans and strategy for the next years. Alexandrion Group’s new CFO, Mr. Savvas Charalampous, is the one who will ensure the supervision and smooth running of all financial operations.

The group’s activities in Romania will be coordinated as follows:


The spirits and wine sector


Alexandrion Trading will become the commercial branch of the group, and will be coordinated by Mr. Razvan Vasile, who previously was the Trade Manager of the company.

Alexandrion Distilleries will be the company that will produce all spirits in Romania, in our factory in Pleasa, Bucov commune, Prahova County. Mr. Stelios Savva, the group’s CEO, will also be the CEO of the company.

Halewood Wines, the new acquisition of the group in the wine sector, will also be coordinated by Mr. Stelios Savva as CEO.

The existing businesses in Romania benefit from a strategic approach in order to strengthen the market shares in the domestic market. Alexandrion Group’s long-term global strategy includes the development of the exports from around 60 countries, which is the current number, to more than 100 countries.


Building materials, real estate and agriculture sectors


Sidera Quartz, the building materials producer from Constanta, real estate and agricultural businesses, will be headed by Mr. Aris Gogos, as CEO.


Tourism sector


Hotel New Montana SRL owns the 4-star homonym hotel in Sinaia. This hotel, together with the hotel owned by company in Azuga and the Mnaor from Urlati, is the basis for our tourism sector. It will be led by Mr. Stephane Barbazan, as CEO.

The board of directors for each of the companies in Romania will consist of: their CEOs, Mr. Vangelis Vlastos – the Finance and Control Manager of the group in Romania – and a representative of the company Group Cyprus Holding, Mr. Savvas Charalampous – CFO of the group – or Mr. Christos Giorgallis – Group Reporting Manager.

In addition, the group’s development is also based on the business lines already open in Brazil. Moreover, the management has announced that the procedures for investment in the United States, where a new distillery will be also built, are almost completed. The investment in the new factory in state of New York is about USD 100 million, and the production will be destined for the American market.

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