History - Philosophy

Pegasos Refrigerators Industry Ltd, founded in 1968 has grown to one of the largest industrial manufacturing industries in Cyprus.

Originally the company was located in a small workshop in Kaimakli area in Nicosia, focusing in the manufacture of commercial refrigeration and Cold Rooms for Hotels, Restaurants, Supermarkets, Butchery-shops, Bars & Fast food, Coffee-shops, Confectioneries & Pastry shops etc..

In the year 1976, the company was registered as Limited private owned company, expanded its activities and moved to a new building owned premises (factory, showroom, offices, warehouse) in Strovolos Industrial Area in Nicosia employing more than 70 employees at the time.

Through out the years the company used to export their main production of water coolers, upright display cabinets, bar & bottle coolers to the Middle East and Jordan.

In the early 1990's due to very high production costs that have occured after the reduction of import duty taxation, the company has decided to reduce its production and to grow to a very successful sector in the trading business being the exclusive representative of German, Italian and other european refrigeration brands as well as the American brand Carrier UTC.

Pegasos was the first refrigeration company to install centralised refrigeration systems for the biggest hypermarket in Cyprus and the Middle East in the year 1992, being the exclusive representative of the German LINDE AG company.

Pegasos is proud to have the 75% of the market share in the last 20 years, in the commercial refrigeration business in Cyprus with very big installations of hypermarkets & supermarkets, big fast-food chains, hotels, restaurants, bars, pastry-shops, confectioneries, pizzerias, bakery-shops, kiosks, hospitals, etc.

Our company philosophy of family origin is distinctive by the goal of building long lasting relationships with customers and partners, identifying, understanding and meeting their needs through a personilized attention.

The company is ISO 9000 as well as CE certified.