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

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

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

Withinitial capital 1.000.000 drachmas or€ 3.000,00, the Company was first located in the central Athens business area, close to Omonia Square.However, due to the continuous growth, the Company moved in July 1999 to thenewly 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 MacedoniasStr., which is purchased as well.

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

Today, in the year 2016, 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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