Private company

Peiraiki-Patraiki

Greek company, founded in 19191

Peiraiki-Patraiki (Greek: Πειραϊκή-Πατραϊκή) was one of Greece's largest industrial groups in the 20th century. It was the country's largest textile producer, and its annual production was said to be able to cover the Hellenic coastline twice over. The company was created in 1919, and operated until 1996.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1919Founded1

Peiraiki-Patraiki (Greek: Πειραϊκή-Πατραϊκή) was one of Greece's largest industrial groups in the 20th century. It was the country's largest textile producer, and its annual production was said to be able to cover the Hellenic coastline twice over. The company was created in 1919, and operated until 1996.2

The story

In 1919, Stamoulis Stratos and Christophoros Catsambas founded the Patras Trade-Industrial Company ("Patraiki"), producing stockings. In 1924 the firm purchased its first petroleum-powered machine, replacing the steam-powered machines it used to that time. During the same year, the company went public (being the first public company in Patras), raising capital in order to found a cotton-processing plant. Over the next few years, the company expanded by purchasing machinery from abroad.

From Wikipedia’s article on Peiraiki-Patraiki, shared under CC BY-SA 4.0.3

Timeline

  1. 1919Founded Founded1

Sources

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