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Westnet received the Gold Award in the category “HR Corporate Event of the Year” in HR Awards 2021, an annual awards institution that aims to highlight best practices and strategies in the field of Human Resources Management.

Westnet was distinguished for the event “Be the Bartender at Westnet” organized for its employees earlier in this year. In more details, the company built and implemented an innovative digital activation based on the aspect of entertainment, creating a differentiated context for employees’ interaction and connection in all premises in Athens, Thessaloniki and Cyprus.

Having as key moto “Empowering our People”, Westnet focuses on the overall employee experience. Through initiatives that focus on improving the quality of work, the goal is that employees remain motivated and creative, thus ensuring the maintenance of an excellent working environment.

Westnet’s HR Head, Electra Diamanti, stated: “For us at Westnet, our people are our driving force. In such a special and difficult situation shaped by the pandemic, we focused even more on providing our people with experiences that will enhance positive psychology. Our aim is to continue to invest in strengthening such a human-centered culture, to motivate and to have employees who feel happy and productive.”

HR Awards are organized for 7^th consecutive year by Boussias, aiming to highlight outstanding achievements and effective initiatives in the field of Human Resource Management in every sector or market in Greece.

Westnet, a member of the Olympia Group of Companies and a leading distributor of IT and technology products in Greece and Cyprus, received an important distinction in the context of the awards “Gold Protagonists of the Greek Economy 2010-2020”. The event was organized by Direction Business Network under the auspice of the Ministry of Development and Investments, aiming to highlight the companies that stood out for their financial performance in the decade 2010 to 2020.

Westnet was distinguished as Greek Business Champion 2010-2020, in a category that rewarded the companies which managed to increase their turnover and earnings before tax more than 50% comparing the fiscal year 2010 with that of 2019.

The strategy of Westnet to invest in the addition of new product categories is a key factor for this achievement. The gradual expansion over this decade into markets such as mobility, accessories, peripherals, gaming, television, consumer batteries and home appliances is part of a long-term and fruitful plan. In parallel, the expansion in the Cyprus market in 2017 and the further development of exports, with the company’s business now extending in more than 60 countries in Europe, Middle East and Africa, have contributed significantly to this rise.

The General Manager of Westnet, George Daviotis, stated: “The positive economic results fully justify the strategic planning of recent years. This excellent course of Westnet is due to the flexibility and multidimensional nature of our company, our ability to effectively redefine our goals in order to continuously increase the competitiveness of our partners. Our goal is to continue dynamically our growth, supporting partnerships that bring added value.”

Westnet announces that it starts its business in the Polish market with the establishment of its subsidiary in Poland, WESTNET DISTRIBUTION POLAND sp. z o.o.

After an especially successful course in Greece for over 15 years and its significant expansion in Cyprus in 2017 thus covering the needs of the Cypriot market with local presence, Westnet is now taking a new big step with the expansion in Poland, a large European market. The company’s presence in Poland begins with the commercialization of consumer batteries, aiming to increase the market shares in a product category where Westnet has shown a strong footprint in recent years.

Today, Westnet is the leading distributor of Toshiba consumer batteries worldwide and an exclusive distributor in Europe, Middle East and Africa, reflecting its intense extroversion and multinational aspect. In this context, the new expansion is part of the company’s strategic planning for further development in new geographies, aiming to offer to its Polish customers the added value that has made it a reliable partner in more than 60 countries in EMEA.

At the same time, it is expected to further strengthen its position through the synergies that will arise in the other product categories where Westnet operates. With competitive products, value-added services and excellent customer service, Westnet’s vision is to drive the developments in the marketing and distribution of products and services, developing mutually beneficial relationships with its partners.

The General Manager of Westnet, George Daviotis, stated: “Our long-term growth and our strong position in the Greek and Cypriot market confirm the success of our strategic choices. Now, we continue dynamically the implementation of our strategic plan, investing in our development in new markets abroad. We believe in the dynamics of the Polish market, and our primary goal is to provide quality services to our partners, increasing their competitiveness and contributing to their growth”.

In the context of the annual event of HP for its partners, “HP Channel Partner Event”, Westnet received two significant distinctions, “Best Performance in Hardware” and “Highest YoY Growth in Hardware” for its activity in 2020 in the Greek market, standing out once again among many companies in the distribution sector of IT and technology products.

From the side of HP, Nikos Christakis, General Manager of HP Greece & Cyprus, stated: “Many congratulations to Westnet for this distinction. In such a special year, Westnet managed to show significant growth, as a result of hard and methodical teamwork. I am convinced that 2021 will be a productive year as well, in a highly competitive environment with many challenges”.

Nikos Tsarouchas, Sales Manager of Westnet Greece & Cyprus, said: “This important distinction by HP is the reward of our efforts and the confirmation of Westnet’s strategic development plan. In a particularly challenging year, we managed to stay close to our partners, demonstrating high adaptability and commitment to our goals, which led to these great results. Our commitment is to continue our mission: to provide the best possible solutions, the best products to our partners so that we can develop along with them.”

With a successful journey for more than 15 years in the Greek market, Westnet invests in the development of mutually beneficial relations, so that it remains a strategic choice for its partners over time. The company’s goal is to provide reliable and integrated technology solutions in order to respond in the best possible way to the growing needs of its large network of customers, constantly adding value to their activity. Driven by business excellence, Westnet continues dynamically also this year the successful implementation of its strategic planning, confirming every day the trust of its partners.

With stable growth, Westnet, a member of the Olympia Group of Companies and a leading distributor of IT and high-tech products, has presented an increase in its turnover for 2020 and positive economic performance, successfully continuing the implementation of its strategic plan.

Specifically, for the fiscal year 2020, Westnet recorded a consolidated turnover of €126.8 million, marking an increase of 14.5% compared to 2019, while the operating profitability (EBITDA) reached the level of € 4.2 million compared to €3.2 million in 2019 (+29%) and earnings before tax amounted to €2.4 million, increased by 80% on an annual basis, from €1.3 million in 2019.

In an unstable economic environment due to the Covid-19 pandemic, the company managed to effectively address the challenges, demonstrating alertness and readiness at all levels, which resulted in its growth during a particularly demanding year.

Westnet’s strategic choice to invest in the addition of new product categories is a key factor in sales’ boost. The company manages and distributes a wide product portfolio, ensuring the continuous provision of quality services and innovative solutions, in order to meet the needs of its expanded customer base in Greece and Cyprus. In parallel, the further development of exports by opening up to new markets abroad reflects the strong extroversion of the company, which significantly contributes to last year’s positive results. Finally, the company continued in 2020 to invest in its human resources by attracting talented executives with high expertise and experience.

Westnet’s General Manager, George Daviotis, stated: “Westnet is closing another strong year, further enhancing the trust and dedication of its partners. In front of an unprecedented and difficult condition due to Covid-19 pandemic, we managed to adapt effectively to the new circumstances, ensuring the successful implementation of our strategic plan. In 2021 we will continue to drive the developments in our industry, providing an excellent level of services to our customers.”

For another year, Westnet stood out among many companies in the distribution sector of IT and technology products, since it was awarded as “Top Distributor of the Year” for 2020 in Greece by the leading tech company Hewlett Packard Enterprise (HPE) in the context of Partners Awards 2020. Westnet was distinguished as the top distributor for 2020 in total sales, in number of invoiced partners on the channel and in sales related to small and medium-sized enterprises.

From HPE’s part, Michalis Kassimiotis, Managing Director Greece & Cyprus HPE, stated: “Westnet’s contribution was not limited to the simple distribution of products, but it was a valuable partner for Hewlett Packard Enterprise that helped the partners’ network to build and promote innovative solutions”.

Maria Manta, Commercial Manager Westnet, said: “The distinction of Westnet by Hewlett Packard Enterprise, one of the world’s leading tech companies, confirms our leading position in the distribution of technology and IT products. Our primary goal is to keep evolving to provide quality services to our partners and continue to be a strategic partner for each of our customers, providing reliable and innovative technology solutions in Greece and Cyprus.”

With a successful journey for more than 15 years in the Greek market, Westnet stood out for its technological expertise and its immediate response to the demands of its partners, always offering optimal solutions according to their needs. The high level of services throughout the entire sales cycle and the full range of HPE products and Aruba network solutions, further strengthened the trust and dedication of its partners, confirming once again its long-term growth.

Employees rewarded the company for its work environment.

Westnet, a member of the Olympia group of companies and leading distributor of IT and tech products, obtained the Great Place to Work certification® for 2021-2022 from Great Place to Work® Hellas.

Westnet employs a total of 78 people in Greece and Cyprus, and this distinction is an important recognition for a company that has been, for more than 15 years, active in the distribution of ICT products, with strong presence in the market and valued partnerships with major multinational brands.

Recognized for its added value services and exceptional customer service, Westnet is also an excellent and reliable employer. The modern corporate culture and ideal work conditions that the company fosters, are factors that contribute to a strong performance and trusted relationships among employees.

The Great Place to Work® certification, which is a significant distinction for the company, was achieved following a direct, anonymous, and confidential survey, for the assessment of the company’s working environment by its employees.

Westnet, a member of Olympia Group of companies and a leading distributor of IT and high-tech products in Greece and Cyprus, enriches the product portfolio of home appliances assuming the distribution of air conditioning (AC) devices and air purifiers of SHARP.

With the addition of the above SHARP product categories to its portfolio, Westnet brings together the entire product range of home appliances of the Japanese firm and becomes the exclusive distributor of the historical brand in our country.

Usability, simplicity, advanced design and innovative technology are just some of the features that describe the air purifiers as well as the portable and split type air conditioners of SHARP.

As one of the world’s leading brands, SHARP has the high expertise and rich experience to create products that make staying at home even more enjoyable and functional. It is widely known for its innovations in the field of home comfort mainly thanks to Plasmacluster technology, which has found worldwide application in both consumer and industrial products and has proven particularly effective in suppressing the activity of airborne microbes.

The series of air purifiers contributes substantially to the removal of airborne allergens and odors, such as cigarette smoke, and renews the air in the room. In addition, home AC products (portable or split type) are distinguished for their elegant design, state-of-the-art technology and reliable construction. Their advantages also include energy efficiency which makes them the top choice for high-quality air conditioning.

Regarding the expansion of the new partnership with Sharp, the Commercial Manager Home Appliances Manager of Westnet, Maria Kostopoulou, states: “The SHARP brand is identical worldwide to quality and technological development. We are very pleased that, by bringing to Greece the air conditioning products of the Japanese vendor, we gather all the categories of home appliances of SHARP and we further strengthen a significant partnership for our company. This is undoubtedly an important step in our journey for our consolidation in the Home Appliances market, which is in line with Westnet’s commitment to provide our network of partners in Greece and Cyprus with modern and reliable solutions for every consumer need”.

Westnet, a member of the Olympia Group and a leading distributor of IT and high-tech products in Greece and Cyprus, is expanding its product portfolio with AUX home air conditioning (AC) products, in partnership with the AUX Group.

The AUX Group is one of China’s largest and most diverse business groups. Being one of the strongest business groups in the world, its operations extend to home appliances, AC products and electrical equipment, as well as medical services, real estate and financial investments.

Westnet is partnering with the AUX Group to distribute the home air conditioning products of AUX, one of the three largest air conditioning manufacturers in China for over 20 years. AUX offers a full range of home and commercial AC products that are known for their advanced technology, top design and high performance.

Masha Xu, AUX’s Sales Director of East Europe, commented about the Westnet-AUX distribution partnership: “We are very excited to launch this new cooperation. We found in Westnet a truly passionate partner, with the appropriate infrastructure and value-added services that will promote our brand in the best way”.

Westnet’s General Manager, George Daviotis, stated: “Westnet, following its development plan, adds the air conditioning category into its product portfolio, strengthening it with experienced executives from the category and new partnerships with major manufacturers. We remain faithful to our commitment to provide our network of partners in Greece and Cyprus with cutting-edge solutions for every consumer need. Through our partnership with AUX, one of the top AC manufacturers in the world and a sector leader in the Chinese market, we are bringing advanced and reliable products to the market and offering customized home AC solutions. Our goal for the brand is to dynamically penetrate the market so that, within the next three years, its position in Greece matches its global standing”.

AUX is one of the top three AC manufacturers in the world, with an annual production capacity of over 30 million units and ten state-of-the-art factories in China, Thailand and South America. It is the No1 brand in online sales in China and the third biggest exporter in the Chinese market, exporting its products to over 100 countries around the world. At its five R&D centers in Japan and China, the company develops cutting-edge technologies and innovative functions that are incorporated into its AC products.

Growth of consolidated turnover: €110.7 million (+ 9% y.o.y.)

Significant EBITDA boost: €3.2 million (+ 34% y.o.y.)

Spectacular earnings before tax increase: €1.3 million (+ 60% y.o.y.)

Westnet, a member of the Olympia Group of companies, presented positive economic performance and strong growth in turnover in 2019. Successfully continuing the implementation of its strategic plan, the company has played a lead role also in 2019 in the distribution of technology products and services in Greece and Cyprus.

Specifically, Westnet, recorded for the 2019 fiscal year a significantly strengthened consolidated turnover of €110.7 million, marking an increase of 9% compared to 2018. Further, it also recorded a solid increase of 34% in operating profitability (EBITDA), which reached the level of € 3.2 million compared to €2.4 million in 2018. There was also a significant increase in earnings before tax of Westnet for 2019, which amounted to €1.3 million, increased by 60% on an annual basis, from €834 thousand in 2018.

The positive financial results of Westnet for 2019 fully justify the strategic plan of the company which has established it as one of the largest distributors in the Greek market. The addition of new categories, as well as the further development of existing partnerships, have played a key role in the increase of sales. At the same time, it is worth noting the significant increase in sales abroad, which in 2019 represented 23% of total annual sales, compared to 12% last year. Finally, the company continued in 2019 to invest in its high expertise human resources by attracting new talented executives.

The company expresses cautious optimism for 2020, with a positive course attributed to the further maturity of strategic partnerships with key suppliers, as well as the development of new Voice over IP solutions, Security Solutions, Smartwatches categories, in which it was placed at the end of 2019. Specific and targeted growth is also expected for Toshiba battery products, with an emphasis on opening up in new markets abroad.

Commenting on the financial results of the year, Westnet’s General Manager, George Daviotis noted: “2019 has been a very successful year for the Westnet team. Our strategy is paying off and is leading us to a growth track. At the same time, we are called upon to meet the challenges of the 2020 changing economic environment, created by the Covid-19 epidemic, by safeguarding our successful model. On our part, we are monitoring the developments, evaluating the situation and taking the necessary steps to continue servicing our expanded clientele in Greece and Cyprus in the best possible way”.