ORGANIK KIMYA – Expansion of Cooperation in Chemicals
Expansion of our cooperation with Organik Kimya since 2021, promoting a broader portfolio including emulsions, re-dispersible powders, and thickeners for the coating and construction industry.
BUSINESS UNIT CHANGES
Export of AFCO Ferti products to Albania and Cyprus
BUSINESS UNIT CHANGES
AFCO’s entrance to plant protection products and green farming with ASCENZA’s new brand Blexia, under which bio-protection products have been launched.
NHU – Feed New Partnership
Partnership agreement for the promotion of animal nutrition products
Mitsubishi
New Cooperation promoting the portfolio of Specialty Polymers and Resins from MITSUBISHI CHEMICALS in Albania, Bulgaria, Greece, Romania, Serbia. The Mitsubishi Chemical Group, provides products and services based on Chemistry that contributes to the sustainable development for people, society and the Earth.
NEW COMPANY
Creation of new subsidiary company in Belgrade named AFCO Serbia which covers the Sales of the AFCO Group in Serbia and the Western Balkans.
AFCO extended partnership
AFCO partners with ExxonMobil for the marketing of Polyolefins in Bulgaria and Romania
BUSINESS UNIT CHANGES
Added B2C sales to the agrochemicals and new AFCO Ferti branded fertilizers
HEADQUARTERS MOVE
Change of company headquarters to Dorileou Street, Athens.
NEW COMPANY
Creation of Romania Affiliate (AFCO Solutions slr) to cover Romanian market and setup of local logistics HUB in Bucharest and Konstancia.
NEW COMPANY
Creation of Bulgarian Affiliate (AFCO ltd) to cover Bulgarian market and setup of local logistics HUB in Varna and Plovdiv.
NEW COOPERATION
Contract with ExxonMobil a leading Global Petrochemical Producer.
Chimcomplex Partnership
AFCO partners with Chimcomplex for the distribution of Polyols.
NEW COOPERATION
Contract with Carmel Olefins, the leading Israel Petrochemical Producer
NEW LOGISTICS HUB
Setup of Second Logistics HUB in Thessaloniki, Greece.
GROWTH
Throughout 2008 to 2013, company has achieved a significant growth with average annual turnover increase of 15%.
In 2008, AFCO reached 30 years of continuous successful operation. From the first day of its incorporation, AFCO has remained focused on the core values set by its founder. Throughout these years AFCO has strived for continuous growth and improvement.
AFCO FOUNDATION
Conversion of the Company from General Liability Company to Societe Anonyme and change of legal entity’s name of the company to Aegean First Company AFCO SA
NEW LOGISTICS HUB
Set up of the first Logistics HUB in Aspropirgos, Greece.
NEW BUSINESS UNIT
Creation of Business Unit Polymers which has proven on of the Growth drivers of the company.
MARKETING SHIFT
Throughout the 2000s the company has changed from a pure trading company to a marketing organization/distribution company, taking a long-term view of the market requirements and the functions that are creating value for its partners. The company’s growth in the years that followed was rapid.