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The company COSMOS LAC begun its business
with a minimum personnel of 7 people and after its
first year of operations, its sales reached around
€30.000. Its first hired factory was situated in Markopoulo-Attica, with a small production of spray
paints and in few colors.
Every year, COSMOS LAC presented an important sales
increase. This was firstly due to its founder Mr
Panayiotis Segkos, its personnel, and the company’s
consistency toward its suppliers and clients and to
the quality of its products.
The above increase had as a result the enlargement
of its production in different colors as well as in
new product applications
In 1995 COSMOS LAC changes its legal entity from
Ltd to SA and Mr Vassilis Segos leaves the company,
one of the two partners that started the company,
and COSMOS LAC SA enters into a new stage. Two
years later it acquires a privately owned factory
4500 m˛ in a 16000 m˛.
In the new factory the production modernizes, it
acquires high technology machinery and moves toward
the production of new products like polyester
materials, high heat paints, fluorescent, aluminium
and gold and wood putties.
In 1999 COSMOS LAC SA founds a subsidiary in
Thessalonica in premises of 1000 m˛.
This year, with an investment of €100,000, COSMOS
LAC SA started producing emulsion paints
challenging the market with its modern look as well
as with its quality.
COSMOS LAC with its seven employees and with
capital of 30.000€ (1983), now has a high
technology factory and 52 employees in Athens and
Thessalonica. Its sales overcome €4.5 million, a
large percentage of which takes place in foreign
markets.
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COSMOS LAC History
