History and Background

 

P.V.Nicolaou Sharpening Center LTD was incorporated in Cyprus in 1996 as a limited liability company in accordance with provisions with the Cyprus Companies law Cap.113. The principal activities of the company is the trading ,the sharpening of woodworking tools and the provision of technical services to furniture manufacturers and carpenters based in Cyprus.

 

The Company was founded in 1973 by Mr. Vassos Nicolaou who was the owner of a carpenter shop based in Limassol. After a substantial loss of his business caused by a fire, Mr. Vassos started his own sharpening center being the first shop in Limassol of its kind. He started the business with a small customer portfolio providing sharpening services for a limited type of woodworking tools.

 

In 1979 Mr. Periclis Nicolaou, Son of Mr. Vassos, joined the company with the view to expand the customer portfolio of the company and enter into new activities such as the trading of saw blades and other wood working tools. He also decided to invest in new machinery that would enable him to sharpen a wider range of tools. This investment contributed significantly to the expansion of the customer portfolio as new customers and large furniture factories were attracted to the quality and short time of service provided by the company.

 

During the decade of 1990's the business was registered as a limited liability company and continued its growth steadily and slowly. Thereafter the company acquired new units of sharpening machinery and imported larger volumes of woodworking tools for trading purposes.

 

During the period 2004 to 2008 the company acquired two high end technology sharpening units which contributed to the improvement of the quality of service and to the time efficiency of production. Today the company is operating with five employees and is well established and recognized within its industry.