Business Units / Subsidiaries

Six business units with five subsidiaries and four holdings

AVE focuses on six core business units, five subsidiaries, and four holdings. Each of them has its own unique characteristics and competitive advantages.

Business Units / Subsidiaries
Business Units / Subsidiaries

Business Units

AVE is one of the leading distributors of home entertainment products and consumer electronics in Greece.

Since 2011, we have been leveraging strategic partnerships with top international brands such as SONY, Activision, Focus, U&I, Nacon, and others, offering a comprehensive and constantly evolving range of products.

We are actively operating in the Greek, Cypriot, and Balkan markets, meeting the modern needs of both consumers and our partners.

Our Values

  • Respect for our partners and customers

  • Consistency at every stage of collaboration

  • Professional ethics in everything we do

Our Strength

AVE’s growth is based on:

  • A team of specialized professionals with experience and expertise

  • A modern and efficient distribution network

  • Continuous investment in technology and innovation

AVE is dynamically expanding its activity in the field of air conditioning and electrical appliances, strengthening its portfolio with solutions that meet both residential and professional needs.

Through strategic partnerships with top brands such as CANDY, LG, DAIKIN, and Panasonic, we offer high-quality products with a focus on energy efficiency, reliability, and technological excellence.

Our many years of experience in the distribution of consumer electronics and our dedication to innovation are now also applied in this new sector, with the same consistency and professionalism that define AVE.

Our goal is to deliver comprehensive solutions and excellent service, continuing to invest in quality partnerships and technological advancement, always guided by the principle of excellence.

At AVE Audio, excellence in sound is our unwavering focus.

Through strategic partnerships with globally renowned brands such as Magico, D’Agostino, Pilium, Monitor Audio, Cardas, and Rogers, we offer high-fidelity systems that redefine the listening experience.

From world-class speakers and amplifiers to specialized cables and selected accessories, every product we represent meets the highest standards of performance, aesthetics, and technological superiority.

AVE Audio caters to discerning audio enthusiasts who seek ultimate quality — whether for residential spaces or specialized professional applications.

With a passion for innovation and sonic precision, we continue to invest in exceptional products and specialized services, bringing the ultimate acoustic experience closer to our customers.

AVE is expanding its operations into the dynamic Ho.Re.Ca. sector, offering comprehensive solutions for hotels, restaurants, and cafes.

Our goal is to become the ultimate reference point for industry professionals, addressing a wide range of their needs with innovative and reliable solutions.

From professional audio and video equipment to air conditioning, electrical appliances, and customized constructions, AVE provides high-quality products and services that enhance customer experience and improve business performance.

With specialized expertise, strategic partnerships, and tailored solutions, we provide Ho.Re.Ca. professionals with the support they need to stand out in the market.

At AVE, our partners’ success is our top priority.

AVE has a long history in the field of film production and distribution. As a pioneer in the Greek market in this area, we continue our efforts to contribute to artistic and cultural activities, producing films that promote the culture of our country and beyond.

A holding company operating in the pharmacy sector.

Subsidiaries

Retail & More, a subsidiary of AVE S.A., has taken on the Master Franchise of Carrefour in Greece and Bulgaria, as…

Power Media Productions was founded in 1991 as Power Music Productions and was renamed Power Media Productions in 2016.

Power oversees the dubbing and subtitling of movies and TV series for domestic and international studios while also providing integrated Digital Cinema, BluRay, DVD authoring and AV transcoding services. It has 6 audio studios, 3 edit suites, 2 video workstations and a large and talented team. For her productions she collaborates with leading Greek actors, performers, directors, translators, musicians, sound designers and video editors.

Specialization & Services

CREATIVE AUDIO / POST PRODUCTION

Recording, Editing, Mixing, Sound Design, Mastering.
Radio, Television, Cinema, Documentary, Corporate Videos, Theater, Multimedia, IVR.

ADR / DUBBING / LOCALISATION / VOICE-OVER CASTING

Dubbing, compiling, and translating audio content into Greek or another language.
Rich voice file, search for suitable and test recordings per production.

MUSIC PRODUCTION / SUPERVISION

Composition and production of original music, jingles and soundalikes.
Music editing and searching from a large catalog of Production Music Libraries.

DIGITAL CINEMA / VIDEO

(DCP, DCDM, KDM, DKDM), BluRay & DVD Authoring, Audio / Video transcoding (broadcast, VOD), Up / Down Scaling / Mixing, System & Frame Rate Conversion, Subtitles Burn-in, QC.

SUBTITLING

Translation, timing, editing, Content Packaging, QC.

Indicative client list

Century Fox, Audiovisual, BBC, B-Rights, Deluxe, De Agostini, Dreamworks Animation, FeelGood Entertainment, Fisher Price, HIT Entertainment, Mattel, Mega Channel, Netflix, NBC Universal, Odeon, Paramount, Pixelogic, Seven Films, Star Channel , Spentzos Films, Tanweer, Titrafilm, Universal Pictures, Village Entertainment, Warner Bros.

Food & Beverages Distribution (FBD S.A.) represents, imports, and distributes high-quality consumer products from leading companies both in Greece and internationally.

OfficeMart (OFFICEMART OFFICE PROFESSIONAL SOLUTIONS SA) has been active for over 40 years in the supply services of consumables for offices and businesses (B2B).

It holds a great position in the Office & Printing Solutions sector, with high specialization in B2B service, next day delivery, rich product range, as well as integrated print management services (MPS).

A pioneer in B2B customer service, in 2008 it was the first to develop the specialized online ordering platform, which provides the possibility of multiple classified approvals. Thanks to this innovative service, our customers save time and money and simplify the process of inspections and approvals, reducing purchasing costs and management costs.

The company is currently housed in privately owned facilities in Koropi, Attica, where its logistics center is located, from which it distributes its products throughout Greece.

Strategic goal and vision

Our strategic goal is to be the first choice of every professional for office supplies, as a well-organized ‘one-stop-shop’ that offers the widest range of options in quality and prices, personal service and delivery the next day.

Activities, Products and Services

At OfficeMart we work non-stop to be the most useful B2B office supplies partner, constantly improving our services. We offer a full range of office products that cover all the consumer needs of a modern business, organized in 16 categories:

  • Papers & Paper Tapes
  • Printer labels
  • Printer Supplies
  • Technology & Computerization
  • Writing & Correction
  • Blocks & Notes
  • Archiving
  • File organization
  • Office products
  • Personal organization
  • Seminar & Presentation
  • Office machines
  • Furniture & Office Equipment
  • Packaging & Shipping
  • Focus
  • Cleanliness & Hygiene

Holdings

YALCO, with a history dating back to 1920, is one of Greece’s leading companies in household and professional equipment. With its own brands, IONIA and FEST, as well as an extensive portfolio of international brands, YALCO offers comprehensive solutions for the home and the HoReCa sector.

With a nationwide presence in Greece and exports to more than 35 countries, YALCO combines over a century of expertise with innovation, manufacturing, and high-quality services for its partners.

YALCO Romania is a strategic member of the YALCO Group, actively operating in the Romanian market through a comprehensive distribution and e-commerce network.

Serving the HoReCa, Home & Garden, and DIY sectors, it offers an extensive portfolio of products from internationally renowned brands, as well as the Group’s own brands, IONIA and FEST.

With a strong focus on quality, reliability, and excellent customer service, YALCO Romania continues to strengthen its presence and expand its operations in the Romanian market.

STUDIO ILLUM HORECA S.A. was established to meet the growing demands of the modern international hospitality market, offering comprehensive solutions that combine high-end aesthetics and functionality for hotels, resorts, villas, restaurants, and premium hospitality venues.

Combining extensive expertise in the hospitality sector, partnerships with internationally renowned manufacturers, and a deep understanding of the requirements of hotel investments, the company acts as a strategic partner to architects, interior designers, hotel groups, and industry professionals, delivering solutions that go beyond the mere supply of products.

At the heart of its philosophy lies the ability to offer Full Customization across a significant part of its product range. This allows each hospitality project to develop its own unique identity, with products designed and tailored to faithfully reflect the architectural and functional concept of each space, without compromising on quality, aesthetics, or functionality.

Tabletop & Food Presentation

• Premium-quality porcelain
• Stoneware and handmade ceramics
• Cutlery
• Crystalline glassware, glassware, and unbreakable polycarbonate glasses
• Professional serving equipment
• Buffet concepts and display systems

Banqueting & Conference Solutions

• Stackable conference chairs
• Banquet and conference tables
• Mobile buffet stations
• Live cooking and show cooking concepts

Hotel Operational Equipment

• Housekeeping trolleys
• Linen and laundry trolleys
• Restaurant service trolleys
• Logistics and storage solutions

Guest Room & Public Area Equipment

• Bathroom dispensers
• Waste bins
• Luggage racks and tray stands
• Functional accessories for guest rooms and common areas

Decorative Accessories

• Vases
• Candle holders
• Decorative lighting
• Curated decorative accessories that enhance the overall hospitality experience

Our Approach

The development of our product collection is an ongoing process of research and evaluation of international trends in the hospitality industry. The company systematically monitors market developments, collaborates with leading manufacturers worldwide, and selects solutions that combine innovation, aesthetic excellence, durability, and functional value.

What truly sets STUDIO ILLUM HORECA S.A. apart is that it goes beyond simply offering products. The company develops comprehensive equipment solutions tailored to the specific requirements of each project, ensuring design consistency, optimal functionality, exceptional durability, and long-term added value for every hospitality investment.

PROBOTEK is a Greek advanced technology company that develops Artificial Intelligence software, transforming drones, robotic systems, and sensor networks into integrated operational systems for security, critical infrastructure, and emergency response.

The company’s portfolio is built around three proven operational platforms. PyroSENSE provides early detection and warning of wildfires and industrial hazards. VORTEX AI leverages computer vision technologies for automated patrols, perimeter security, and facility inspections. METAVOLUTION utilizes generative Artificial Intelligence to transform raw sensor data into structured decisions, alerts, and operational reports.

In a market dominated by closed, manufacturer-specific ecosystems, PROBOTEK’s platforms are hardware-agnostic and can operate across mixed fleets of equipment from different manufacturers. This positions the company as an independent software layer for commercial autonomous systems.

Bacoban SA owns a residual surface disinfectant against viruses, bacteria and yeast with proven efficacy  to minimize the “Hygiene gap” between disinfections, which is distributed both in Greece and internationally