Psaltis being proud for their progress, invest more and more on the one hand with associations with the top suppliers in the world, and on the other with ongoing strengthening of inland
Psaltis are pioneers in the auto parts sector and they seek and succeed in being established as the most important automotive spare parts and equipment representative in Cyprus among the largest manufacturers worldwide.
The history of the Companies has its roots in the late sixties when Andreas Psaltis opened the first store in Nicosia. By 1972, the small business entity which
was established in the capital of Cyprus opens another store in Famagusta.
The Turkish invasion of the island in 1974 forces the closing of the store in Famagusta. However, the Psaltis vision and the need for reorganization continue when in 1976 Sotiris Psaltis opens a store in Limassol.
During the period 1997 to 2000 the business cycle of Andreas Psaltis & Sons Ltd enjoyed considerable growth. In 1999 the Strovolos store was inaugurated, and which later moved to the industrial area in Lakatameia.
Until 2000, the Company expands by opening stores in both Nisou and Larnaca