The G.A.P. Vassilopoulos name is an acronym from the names of the three brothers George, Aris and Petros Vassilopoulos. The three brothers are the successors of Andreas Vassilopoulos, a natural born innovator and an engineer by profession, who started afresh after World War II, creating a new industry in the Cyprus market.
With his own worldwide patented materials he thrived in his field and established the basis for the future development of his family business. Despite being an engineer, his vivid memories of his grandfather’s businesses were always troubling his mind. His grandfather, G.P.L. Mavroidi (1846-1937), was a prominent Cyprus businessman. His business organization was involved in general trading, petrol & oil trading, insurance, banking and shipping activities.
The business included many renowned agencies such as Lever Brothers, Peugeot, General Motors, Dunlop, Columbia records, Vacuum Oil Company, Alliance Insurance, The New York Life Insurance and all the Shipping Lines that were calling in the East Med basin at the time. The shipping business was however the one that Andreas Vassilopoulos directed his sons to revive and they soon embarked on an academic footpath, with emphasis in business, shipping and logistics.
The three brothers then launched themselves into the Cypriot business market, by creating their first business venture using the trade name of G.A.P. Vassilopoulos. The initial venture, Freight Forwarding, was soon to become a Shipping Agency by representing in Cyprus, the United States Lines; the largest container line at the time. Rapid growth followed and year after year new services were introduced, creating a total service organisation.
The vision was to serve the commercial community by providing many related services under one roof, as a one stop shop. The vision was successfully implemented, and in 2001 the organization was listed on the Cyprus Stock Exchange.
Through continual growth, G.A.P. Vassilopoulos now ranks amongst the top 25 organizations in Cyprus. Despite its prominent position and size, the Group being only a service provider, has retained its neutrality, an attribute which comforts and attracts its commercial customers. Growth and addition of new services, are the core elements of the G.A.P. Vassilopoulos’ DNA. The organization continues to grow within the prevailing world economic environment, having laid solid foundations insuring a bright future ahead.