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OUR GROUP PROFILE

OUR GROUP PROFILE - Chapo Group - Charilaos … · 39 Chapo UAE - LLC 41 Chapo Kanoo for ... reliability, customer satisfaction and value for money, and by ... the Cyprus Stock Exchange

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OUR GROUP PROFILE

We are pleased to extend a very warm welcome.

The publication of this profile gives us the opportunity of presenting the Charilaos Apostolides group of

companies to you, so that you can better understand our organisation and get a sense of our passion for

excellence and success.

The profile will take you through our long history of past achievements; it will highlight our present-day

professionalism, skills and values; it will present our vision and optimism for the future.

We recognise that our past successes are not a guarantee of a bright future, so we will continue our

relentless drive to achieve bigger and better results in all aspect of our operations.

We are proud of our company and this is our story.

A Lifetime of Construction ExcellenceSince 1949

Al Marsa Floating City at Amwaj Islands, Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

Contents07 Executive Chairman’s Statement

09 Background

11 Quality Control - Health & Safety

13 Environmental Responsibility

15 Vision - Mission

17 Group Structure

19 Charilaos Apostolides Public Ltd

23 Cyprus Subsidiary and Associate Companies

25 Getian General Services Ltd

27 Getian General Transport Ltd

29 Chapomed Ltd

30 Hermes Airports Limited

31 Prometheas Asphalt Ltd

33 Overseas Associate Companies

35 Charilaos Apostolides (Bahrain) W.L.L.

37 Chapo Trading & Contracting Qatar W.L.L.

39 Chapo UAE - LLC

41 Chapo Kanoo for Contracting Co Ltd (Saudi Arabia)

43 Photo gallery of major projects in Cyprus

61 Photo gallery of major projects in the Gulf Region

73 Amwaj Islands

74 Najmah Island

81 Tala Island

83 Wardeh Island

85 Photo gallery of major projects in other countries

91 And what of the future...

CHARILAOS APOSTOLIDES PUBLIC LTD

Executive Chairman’sStatement

In 2009 Charilaos Apostolides Public Limited celebrated its 60thyear.The six decades since its formation saw our organisation evolveinto a successful, multifaceted construction company with a highlyrespected international profile.

A determination to succeed has always been at the forefront of ourefforts to grow the business. By building on our core values of quality,reliability, customer satisfaction and value for money, and bycombining these values with experience, with industry advances andwith objective self-assessment, we have created a strong companywith a secure future.

Charilaos Apostolides Public Limited’s dedicated management,coupled with our financial stability, gives assurance and confidence toinvestors, shareholders and customers alike, and forms a sound basisfor profitable future growth and development.

In an increasingly demanding and competitive world we havesucceeded in creating a dynamic company that is totally aware of -and responsive to - worldwide industry developments, and we arefully committed to its continued success.

CHARILAOS APOSTOLIDES PUBLIC LTD

George PhotiouExecutive Chairman

7

CHARILAOS APOSTOLIDES PUBLIC LTD

2 Private Villas at Janabiya, Kingdom of Bahrain

BackgroundCharilaos Apostolides Public Limited is a major Cyprus-basedconstruction, civil engineering and development company listed onthe Cyprus Stock Exchange since November 2000.

Originally established in 1949 by Mr. Charilaos Apostolides, theCompany has, over the years, demonstrated sustained and dynamicgrowth in all aspects of its business operations - expanding the rangeand scope of its activities by establishing subsidiary, jointly controlledand associate companies. In 1976 the Company secured its firstoverseas contract, in Iraq, and has since gone on to build acomprehensive portfolio of completed projects in the Middle East,Europe, Africa and the USA, as well as in Cyprus itself.

Today Charilaos Apostolides Public Limited has established anoutstanding reputation for reliability and quality - an achievement thatis a direct result of the Company’s accumulated expertise andexperience, its solid financial management, and its dedicatedworkforce.

With a focus firmly set on the future, Charilaos Apostolides PublicLimited understands that customer satisfaction and corporate

reliability are essential to its prosperity. And it has the fundamentalstrengths of financial capability and international experience that areessential in order to deliver on major projects worldwide.

Where appropriate Charilaos Apostolides Public Limited establishessubsidiary companies so that overall control and quality assuranceare maximised. In strategic areas the Company partnersorganisations who contribute to the success of a project and who addvalue to the eventual outcome. The Company carefully assessespartner strengths to ensure confident, trusting relationships thatfunction effectively. Abilities that fall outside the scope of the Companyand its subsidiaries are outsourced to technically and financiallycompetent organisations.

Responsibility to shareholder and investor interests is at the forefrontof the business planning process and the Company has been able todeliver outstanding returns and attract investment partners. CharilaosApostolides Public Limited’s desire to succeed, its openness toinnovation and its determination to endure are evident in the way theCompany operates, and together form the platform for its futuregrowth.

CHARILAOS APOSTOLIDES PUBLIC LTD

9Bin Mattar House Restoration at Muharraq,Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

Quality ControlCharilaos Apostolides Public Limited has a reputation for providingclients with a high level of service and professionalism, including arapid and flexible response to their requirements.

As far back as 1997 Charilaos Apostolides & Co Limited achieved ISO9001 accreditation - one of the first construction companies in Cyprusdo so - and subsequently the Company gained BS EN ISO 9001:2008Quality Management System accreditation.

It is the Company’s policy to ensure that all business activities areplanned and carried out to the highest standard and conform to bothclient requirements and best practice.

The Company’s Quality Management System sets out detailedprocedures and operating practices to be followed and every memberof staff is familiar with those applicable to their individual area of work.Procedures and practices are subject to regular monitoring andupdating in order to maintain ISO accreditation.

The Quality Management System ensures that activities are controlledand carried out in a manner compatible with achieving operationaland contractual obligations effectively. It is mandatory that allmembers of staff adhere to company procedures in order to achievea consistent approach to quality control.

CHARILAOS APOSTOLIDES PUBLIC LTD

Health & SafetyIt is the policy of Charilaos Apostolides Public Limited to ensure thatsafety is the concern of both management and staff alike.

Every effort is made to ensure that the working environment for allemployees is free from hazards and that all practical measures aretaken to eliminate risk. Company safety procedures are in line withstatutory provisions and all staff are expected to follow theseprocedures as a routine part of their workplace responsibilities.

The Company has a qualified, experienced and officially approvedHealth & Safety Officer who has undergone extensive training and hasattended seminars conducted by the Ministry of Labour regardingworkplace health and safety.

11Chapo Central, Cyprus

CHARILAOS APOSTOLIDES PUBLIC LTD

Charilaos Apostolides Public Limited is committed to providing aquality service in a manner that ensures a safe and healthy workplacefor its employees, and minimises any potential impact on theenvironment. It operates in compliance with all relevantenvironmental legislation and strives to use pollution prevention andenvironmental best practices.

The Company integrates environmental concerns into all its decision-making and operational activities. It promotes environmentalawareness among employees, and trains, educates and informs themabout environmental issues that may affect their work. Employeesare encouraged to communicate the Company's environmentalcommitment to clients and the public.

Efficient use of resources, particularly those that are non-renewable,is actively encouraged throughout the Company's operations -including water, electricity and raw materials. Waste is significantlyreduced through re-use and recycling.

Unnecessary use of hazardous materials is avoided and substitutesare sought when feasible. When such materials must be used, storedor disposed of, all reasonable steps are taken to protect health andthe environment. Where required by legislation or where significanthealth, safety or environmental hazards exist, the Company maintainsappropriate emergency and spill-response programmes.

Charilaos Apostolides Public Limited strives to continually improveits environmental performance and minimise the social impact anddamage of its activities, periodically reviewing its environmental policyin light of current international guidelines and its own plannedactivities.

EnvironmentalResponsibility

CHARILAOS APOSTOLIDES PUBLIC LTD

13

CHARILAOS APOSTOLIDES PUBLIC LTD

VisionTo be an innovative and forward thinking industry leader in thecontracting, civil engineering, and construction services sector bothin Cyprus and overseas where:

Customers and partners will view us as essential to their successbecause we anticipate their needs and deliver on our commitments.

People will be proud to work for us because we will createopportunities for them to achieve their ambitions, and we will rewardsuccess.

Society will regard us as environmentally responsible because weunderstand local perspectives, promote good resource management,and contribute to a better quality of life.

CHARILAOS APOSTOLIDES PUBLIC LTD

MissionBy applying the vision, experience and energy of a strong leadershipteam we aim to deliver profitable growth. Conducting our businessprofessionally and with integrity, we will be open and honest in ourdealings and resolve disputes by direct personal discussion.

Utilising innovative ideas and better solutions we will maintain acompetitive edge and deliver projects, products and services thatmeet or exceed customer requirements. Through this philosophy wewill gain a preferred supplier status.

We aim to build trust with our partners, suppliers, financiers andadvisors. We are committed to sustainable earnings growth and valuecreation in order to maximise shareholder value.

We will continue to support a free-market economy and participate inthe economic and cultural development of the communities in whichwe operate. We aim to integrate sound health, safety andenvironmental policies into all aspects of our business activities.

15

CHARILAOS APOSTOLIDES PUBLIC LTD

Group Structure

CHAPowoRld loCAtIons

• CyPRUS• In the Republic• Within British Sovereign Bases

• KINGdOM Of BAHRAIN

• SAUdI ARABIA

• QATAR

• ABU dHABI

• GIBRALTAR

• GREECE

• EGyPT

• IRAQ

• KUWAIT

• UNITEd STATES Of AMERICA

CHARILAOS APOSTOLIDES PUBLIC LTD

17

SUBSIDIARIES ASSOCIATES

CYPRUS CYPRUS OVERSEAS

H e r m e s a i r p o r t s l i m i t e d

CHARILAOS APOSTOLIDES PUBLIC LTD

Charilaos Apostolides Public LimitedCharilaos Apostolides Public Limited is a major Cyprus-basedconstruction, civil engineering and development company listed onthe Cyprus Stock Exchange since November 2000.

In Cyprus Charilaos Apostolides Public Limited has completed manyand various private and public works covering all aspects ofconstruction, civil engineering and development - including some ofthe country’s most significant civil engineering and public workscontracts.

The main international operations of Charilaos Apostolides PublicLimited are in the Kingdom of Bahrain, Saudi Arabia, Qatar, Iraq,Kuwait, United Arab Emirates, United Kingdom, Greece and Gibraltar,where the Company has successfully undertaken an extensive rangeof specialised contracts including: • Hotels, restaurants and shopping malls• Housing and residential developments• University and school buildings• Banks and office developments• factories and military facilities• Hospitals, mosques and exhibition centres

THE KEy AREAS Of ACTIVITy ARE:

Building and Civil EngineeringAs one of Cyprus’ most experienced and reputable constructioncontractors, Charilaos Apostolides Public Limited has been the prime

contractor and joint venture partner responsible for the successfulcompletion of numerous buildings and civil engineering projects inCyprus and overseas.

In the last twenty years the Company has been awarded contracts forthe construction of some of Cyprus’ most prestigious buildings -including the International Conference Centre, Cyprus Central BankHead Office, Cyprus Telecommunications Authority office complex, theAnassa Hotel and buildings for the University of Cyprus. Joint-ventureprojects have included the new Nicosia General Hospital and the newinternational airport at Larnaca.

Major civil engineering projects include highway and road works,dams and reservoirs, water supply, drainage and sewerage treatmentplants, concrete foundation and large paving works.

Charilaos Apostolides Public Limited is registered with theGovernment of Cyprus as a ‘first Class Contractor’ for both buildingand civil engineering works.

Electrical and Mechanical EngineeringThrough its subsidiary company Chapomed Ltd, the Companyundertakes the installation and maintenance of an extensive range ofcomplex and technically challenging mechanical and electricalprojects. Over the last eighteen years the Company has developed asound reputation for quality and timeliness.

CHARILAOS APOSTOLIDES PUBLIC LTD

19

CHARILAOS APOSTOLIDES PUBLIC LTD

Chapo Central, Cyprus Chapo Central ,Retail shops.

Land and Property developmentCharilaos Apostolides Public Limited creates landmark buildings atthe leading edge of construction and design. The Company hascompleted some outstanding structures - including individual villasand houses, apartment buildings, retail and commercial centres anda lifestyle complex that consists of executive offices, shopping outlets,restaurants and luxury residential units.

By identifying appropriate locations, the Company is able to build forspecific market sectors, resulting in a comprehensive portfolio ofsuccessful projects. The Company initiates feasibility studies andengages established architects, designers and structural engineersto create its innovative, state-of-the-art buildings.

Properties are sold through a professional in-house salesdepartment, which is dedicated not only to meeting, but exceedingbuyer expectations.

The sales team liaises closely with all parties concerned to ensurethat transactions are smooth and trouble-free, and that advice isaccurate and easily understood. The team will guide and help clientsthrough every aspect of the buying process, putting them in touch withexperts in the fields of finance, property law and interior design whereappropriate.

Clients can be confident that the process of acquiring a property ismanaged in a professional manner by experienced staff - from initialenquiry through to final delivery, with guaranteed title deeds.

Concrete Production and SupplyThe Company has established itself as a leading supplier of ready-mixed concrete products to the construction industry throughout

Cyprus. This has been achieved through the subsidiary companyGetian General Services Ltd.

Transport of ΜaterialsA crucial element of the construction and civil engineering industry ismaterials logistics. This involves the distribution of raw materials fromsource to construction site on an 'as required' or JIT (just in time) basis.The optimum management of this process eliminates delays and over-runs, and limits costly over-supply or overstocking issues.

The Company operates a fleet of modern, functional heavy-dutytrucks, plant and machinery to maximise the operating efficiency ofany project. A well-organized management system guarantees theproductivity of the assets under its control, and a maintenanceworkforce of specialist engineers ensures an uninterrupted service.

Asphalt WorksCharilaos Apostolides Public Limited owns and operates a modernasphalt plant - with new machinery commissioned in early 2009. TheAsphalt division submits tenders for public and private asphaltsurfacing contracts for a wide range of applications and environments.

Based in Nicosia, the high-volume plant is capable of producing awide range of asphalt mixes that meet industry needs and conform tothe latest European standards. Using its own sophisticated layingequipment the division is able to undertake new road works, re-surfacing projects and any scale of all-weather surface work.

CHARILAOS APOSTOLIDES PUBLIC LTD

21

CHARILAOS APOSTOLIDES PUBLIC LTD

Private Villa, Amwaj Islands, Kingdom of Bahrain

CyprusSubsidiary andAssociateCompanies

Charilaos Apostolides Public Limited has established or acquired anumber of Subsidiary Companies, all of whom operate successfully intheir specific fields of expertise.

These companies function independently - seeking out markets andbusiness opportunities for their products or services.

The diverse, yet complementary, subsidiary company structure addsgreatly to the overall Group performance and enables CharilaosApostolides Public Limited to effectively tender for the most complexand extensive building and civil engineering projects.

CHARILAOS APOSTOLIDES PUBLIC LTD

23

CHARILAOS APOSTOLIDES PUBLIC LTD

Getian General Services LtdOperating since 1976, Getian General Services Ltd (GGS) is a leader inthe ready-mixed concrete industry in Cyprus. Offering a range ofmixes for pumped or poured applications, GGS will design andproduce to any technical specification.

Qualified GGS scientists and geologists maintain quality standards andprovide scientific support, either on-site or in the company’s laboratoryusing advanced testing and measuring equipment - continuouslykeeping pace with technological developments within the industry.

Whatever the logistical circumstances, GGS has the technicalcapability to deliver. from its super-modern batching plant in Nicosia,and using a fleet of new well-maintained truck mixers, concretepumps and portable batching plants, the company can ensure aconstant supply of material to any site.

Getian General Services Ltd is also the major stakeholder in a Larnacabased ready-mixed concrete company further adding to growthpotential.

Whilst meeting the needs of the general construction industry, GGShas also supplied concrete for more technically demanding projects- including Larnaca International Airport, Vasiliko Power Station,Nicosia General Hospital, the American Heart Institute and manyothers.

With its ISO 9001:2008 Quality Management System accreditation GGSensures that its processes, procedures and products meet the higheststandards. Naturally, environmental awareness is very important tothe company and GGS has gained ISO 14001:2004 EnvironmentalManagement System accreditation.

CHARILAOS APOSTOLIDES PUBLIC LTD

25

Getian General services ltd. Ready-mixed Concrete Suppliers

Postal Address: P.O. Box 24819, 1304 Nicosia, CyprusPremises (Tseriou road)

Tel.: +357 22 323 533, Fax: +357 22 323 421

Email address: [email protected]

Web.: www.ggs.com.cy

CHARILAOS APOSTOLIDES PUBLIC LTD

Getian General Transport Ltdfor over six years Getian General Transport Ltd has provided logisticaltransport support to Charilaos Apostolides Public Limited and itssubsidiaries and has been contracting to the construction industry ingeneral.

Its extensive fleet of new, well-maintained trucks, plant andmachinery ensures continuity of service and plays a crucial role in thesmooth running of its customers’ activities.

A well-organized management system guarantees the efficiency andproductivity of the assets under its control and a skilled, professionalworkforce furthers the high standard of the service that GetianGeneral Transport Ltd offers.

CHARILAOS APOSTOLIDES PUBLIC LTD

27

Getian General transport ltd

Postal Address: P.O. Box 24819, 1304 Nicosia, Cyprus

Tel.: +357 22 323 533, Fax: +357 22 323 421

Email address: [email protected]

Web.: www.chapogroup.com

CHARILAOS APOSTOLIDES PUBLIC LTD

Chapomed LtdA specialist mechanical and electrical engineering company,Chapomed Ltd was originally established in 1993 to undertake workon, and maintenance of, facilities in the British Sovereign Base Areasof Cyprus.

More recently Chapomed Ltd was involved at the construction andcommissioning stages of the airport handling equipment at the newLarnaca and Paphos airports, and undertakes the ongoingmaintenance of the facilities. Chapomed Ltd employs a staff of highly

skilled engineers who are fully conversant with all aspects of airportengineering - from installation and commissioning to scheduledmaintenance planning and implementation.

The formation and continued success of Chapomed Ltd reinforces theCharilaos Apostolides Public Limited strategy of lateral and verticaldiversification so as to strengthen its position at the forefront of theindustry.

CHARILAOS APOSTOLIDES PUBLIC LTD

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Chapomed ltd. Mechanical and Electrical Engineering Contractors

Registered Office: 75, Athalassas Ave., 2012 Strovolos, Nicosia Postal Address: P.O. Box 24765, 1303 Nicosia, Cyprus

Tel.: +357 22 497 874, Fax: +357 22 497 924

Email address: [email protected]

Web.: www.chapogroup.com

CHARILAOS APOSTOLIDES PUBLIC LTD

Hermes AirportsLimitedCharilaos Apostlolides Public Limited is a shareholding consortiumpartner in Hermes Airports Ltd, the company that built and nowoperates Cyprus' two new international airports, located at Larnacaand Paphos. The airports have contributed dramatically to the growthand diversification of the Cyprus tourism and business sectors.

from the initial concept stage Charilaos Apostlolides Public Limitedwas directly involved in the design, build and operate projects of bothairports; then took a major part in the construction phases, buildingkey elements of the airports' structures and infrastructure.

CHARILAOS APOSTOLIDES PUBLIC LTD

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PrometheasAsphalt LtdPrometheas Asphalt Ltd is an associate company that is engaged inthe production and on-site laying of asphalt throughout Cyprus.founded by Charilaos Apostolides Public Ltd and other majorcontracting firms, the company has its operational headquarters andproduction facilities in the Tseri industrial area, close to Nicosia.

Using modern, high-technology production and laying machinery, andwith easy access to raw materials, Prometheas Asphalt Ltd is able tomeet the exacting demands of the construction and civil engineeringindustry for high quality asphalt and specific technical requirements.Well-coordinated operational procedures and skilled, experiencedpersonnel ensure that products are supplied promptly and efficiently.fully-equipped laboratories provide continuous testing to maintainconsistently high standards of product - providing customers withguaranteed quality and reliability.

CHARILAOS APOSTOLIDES PUBLIC LTD

OverseasAssociate Companies

Charilaos Apostolides Public Limited has entered into a Joint Ventureoperation in Bahrain, and an Associate Businesses operation in Qatar.Both operations have proven to be highly successful. The strategicbenefits have been significant for all parties.

Charilaos Apostolides Public Limited has entered new, prosperousgeographic markets in the Middle East working with highly reputableorganisations; partner companies have acquired additional capacity

and expertise, and gained access to greater resources - includingspecialised staff and the latest construction industry technology and knowledge.

CHARILAOS APOSTOLIDES PUBLIC LTD

33

YBA Kanoo tower at diplomatic Area

CHARILAOS APOSTOLIDES PUBLIC LTD

the “K” Hotel in Juffair

Charilaos Apostolides (Bahrain) W.L.L.Charilaos Apostolides (Bahrain) W.L.L. was formed in december 1982as a joint venture between yBA Kanoo W.L.L., a leading internationalbusiness conglomerate based in Bahrain, and Charilaos Apostolides& Co Limited.

Today Charilaos Apostolides (Bahrain) W.L.L. employs a workforce ofover 6,500 in all fields of expertise.

The Company has successfully completed numerous large-scale,multi-million dollar projects, encompassing all aspects of contractingand civil engineering works including major road works, irrigation anddrainage schemes, dams and electrical substations. Project sectorshave included government, residential, commercial, retail,educational, and recreational.

Charilaos Apostolides Public Limited provides the managementexpertise to Charilaos Apostolides (Bahrain) W.L.L. and contracts keypersonnel from other companies within the organisation to expandand reinforce the technical capability of local resources. Whenstrategically appropriate, the Company will utilise the expertise of itsassociate companies in Cyprus for training locally recruited technicalstaff in new procedures and processes.

Through its dynamic management of human resources and thedelivery of a high standard of workmanship, together with itsconsiderable financial capability, Charilaos Apostolides (Bahrain)W.L.L. is able to maintain a competitive edge and meet the time-lineand quality expectations of all clients.

CHARILAOS APOSTOLIDES PUBLIC LTD

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Charilaos Apostolides (Bahrain) w.l.l. Building and Civil Engineering Contractors

Registered Office: Building 1252, Road 5136, Block 951, Askar, Kingdom of BahrainPostal Address: P.O. Box 1987, Manama, Kingdom of Bahrain

Tel.: +973 17830190, +973 17830191, Fax: +973 17830183

Email address: [email protected]

Web.: www.chapobahrain.com

CHARILAOS APOSTOLIDES PUBLIC LTD

3 Residential Buildings, Qatar

Chapo Trading & Contracting - Qatar W.L.L.Charilaos Apostolides Public Limited has operated very successfullythroughout the Middle East since 1982. Qatar, with its sophisticatedinfrastructure and rapidly increasing development potential, was seenas the natural next step in the Company’s growth and in 2005 ChapoTrading & Contracting - Qatar W.L.L. was incorporated.

Its relatively recent entry into the Qatar construction marketnotwithstanding, Chapo Trading & Contracting - Qatar W.L.L. made aconsiderable impact at an early stage by successfully securingsignificant multi-million dollar projects.

The company currently employs a workforce of over 1,000 covering allfields of expertise within the industry.

Using the management capability of Charilaos Apostolides PublicLimited and drawing on the technical skills of associate operations inCyprus and Bahrain, future activities will target all types ofconstruction and civil engineering projects, covering all levels ofinvestment.

CHARILAOS APOSTOLIDES PUBLIC LTD

37Viva Bahriya tower 18, Pearl, Qatar

Chapo trading & Contracting - Qatar w.l.l. Building and Civil Engineering Contractors

Registered Office: C-RING Road, Al Muntazah, Building No. 10778, Doha, QatarPostal Address: P.O. Box 22493, Doha, Qatar

Tel.: +973 17830190, +973 17830191, Fax: +973 17830183

Email address: [email protected]

Web.: www.chapogroup.com

Residential tower at Rawdhat, Abu dhabi, U.A.E.

CHARILAOS APOSTOLIDES PUBLIC LTD

As part of its strategic growth plan, Charilaos Apostolides PublicLimited has established a joint venture operation in Abu dhabi withpartners yBA Kanoo.

Abu dhabi has, over recent years, maintained sustained growth in itsinfrastructure development and economic diversification. And with thepopulation expected to reach up to three million in coming years, thepotential for civil engineering, government infrastructure and privateand public housing projects will increase accordingly.

Economic diversification is an important aspect of the government'sdevelopment strategy, and this will see significant expansion of the

tourism sector, as well as continued growth in construction projects,and energy projects - including oil and gas, petrochemicals, powerand water. Planned infrastructure development demands additionalroad, bridge, rail, sewerage and marine construction.

Charilaos Apostolides Public Limited has extensive experience in theregion and has the financial resources to engage in all sectors of thedevelopment programmes, and will actively target any public- orprivate-sector projects that fall within the scope of its abilities andexpertise.

Chapo UAE - llC (Abu dhabi). Building and Civil Engineering Contractors

Registered Office: 2, 1st Floor, Kanoo Building, Baniyas St., Abu Dhabi, United Arab EmiratesPostal Address: P.O. Box 127680, Abu Dhabi, United Arab Emirates

Tel.: +971 2 6762166, Fax: +971 2 6766705

Email address: [email protected], [email protected]

Web.: www.chapobahrain.com

CHARILAOS APOSTOLIDES PUBLIC LTD

39

Chapo UAE - LLC(Abu Dhabi)

CHARILAOS APOSTOLIDES PUBLIC LTD

Royal Amwaj Resort, Kingdom of saudi Arabia

Charilaos Apostolides Public Limited has for many years beensuccessfully engaged in the Middle East and recently took thestrategic decision to expand its operations in selected countries. SaudiArabia has the potential to become the largest market for constructionand infrastructure development in the region, and this was a primefactor in deciding to establish Chapo Kanoo Ltd, a joint-venturecompany with yBA Kanoo.

Saudi Arabia is building for its own population development andgrowth, not to attract foreign investment. due to the size of thecountry, infrastructure presents the greatest potential, along with

housing and public building projects. As a result both the privatesector and the government sector are equally important. Because theGroup is highly experienced and well placed, with operations alreadyin the region, Chapo Kanoo Ltd will be targeting both sectors.

Saudi Arabia has very attractive economic dynamics and the marketpotential is billions of dollars. This, coupled with the fact that the Groupalready has significant assets and resources deployed in the region,makes entry into the Saudi Arabia market highly viable for CharilaosApostolides Public Limited.

Chapo Kanoo For Contracting Co. ltd. (saudi Arabia). Building and Civil Engineering Contractors

Registered Office: 503, 5th Floor, Kanoo Tower, King Saud Street, Dammam, 31411 Kingdom of Saudi ArabiaPostal Address: P.O. Box 37, Dammam, Kingdom of Saudi Arabia

Tel.: +966 38355622, Fax: +966 38355716

Email address: [email protected]

Web.: www.chapobahrain.com

CHARILAOS APOSTOLIDES PUBLIC LTD

41

Chapo Kanoo For Contracting Co. Ltd (Saudi Arabia)

CHARILAOS APOSTOLIDES PUBLIC LTD

CHARILAOS APOSTOLIDES PUBLIC LTD

43

Photo Gallery of MajorProjects in Cyprus

Charilaos Apostolides Public Limited has a highly-respected andrenowned history of achievements. It is the name associated with someof the most outstanding landmark structures in Cyprus. In this photogallery you will find illustrated a selection of the most significant andspectacular buildings constructed by the group.

CHARILAOS APOSTOLIDES PUBLIC LTD

new larnaca Airport (structural works)

CHARILAOS APOSTOLIDES PUBLIC LTD

45

45

new larnaca Airport (structural works)

CHARILAOS APOSTOLIDES PUBLIC LTD

new larnaca Airport (structural works)

CHARILAOS APOSTOLIDES PUBLIC LTD

47new larnaca Airport (structural works)

CHARILAOS APOSTOLIDES PUBLIC LTD

Main offices for louis organisation ltd new offices for the water development department (J.V.)

CHARILAOS APOSTOLIDES PUBLIC LTD

49Mail sorting Center at latsiaUniversity of Cyprus. Construction of science and technology Buildings

Construction of Embassy of the Arab Republic of Egypt

CHARILAOS APOSTOLIDES PUBLIC LTD

new General Hospital, nicosia (J.V.)

CHARILAOS APOSTOLIDES PUBLIC LTD

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CHARILAOS APOSTOLIDES PUBLIC LTD

Anassa deluxe Hotel at Polis Chrysochous, Paphos

53

CHARILAOS APOSTOLIDES PUBLIC LTD

CHARILAOS APOSTOLIDES PUBLIC LTD

Paphos water supply and Ezousa - dhiarizos works Asprokremmos Civil Engineering works Bank of Cyprus Athletic and Educational Centre at latsia

International Conference Centre, nicosia

CHARILAOS APOSTOLIDES PUBLIC LTD

55the Central Bank of Cyprus Head office

Russian Embassy, nicosia

new Building for Cyprus telecommunications Authority at lykavitos, nicosia

CHARILAOS APOSTOLIDES PUBLIC LTD

Chapo Central, nicosia

CHARILAOS APOSTOLIDES PUBLIC LTD

57Private luxury Penthouse, Chapo Central, nicosia

CHARILAOS APOSTOLIDES PUBLIC LTD

Chapo Crystal luxury Residences in Protaras Area

CHARILAOS APOSTOLIDES PUBLIC LTD

59narcissus Project in Protaras Area

CHARILAOS APOSTOLIDES PUBLIC LTD

CHARILAOS APOSTOLIDES PUBLIC LTD

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Photo Gallery of MajorProjects in theGulf Region

Over many years Charilaos Apostolides Public Limited has been involvedin the construction of some of the most extraordinary and remarkableprojects in the Gulf Region. In the following gallery you will find a selectionof the most diverse and notable projects undertaken by the Group.

CHARILAOS APOSTOLIDES PUBLIC LTD

the sail tower at seef, Kingdom of Bahrain Al dur Independent water & Power Plant, Kingdom of Bahrain

63

CHARILAOS APOSTOLIDES PUBLIC LTD

seef Mall west Extension, Kingdom of Bahrain Al Zamil tower at Manama, Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

Petals 2&3 outer Villas & Petals 1,2 &3 Inner Villas at durrat Al Bahrain, Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

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CHARILAOS APOSTOLIDES PUBLIC LTDCHARILAOS APOSTOLIDES PUBLIC LTD

Al Matrook tower diplomaic Area, Kingdom of Bahrain Al salam specialist Hospital, Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

67Management staff Accomodation seef Area . Kingdom ofBahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

67Royal Maternity Hospital, Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTDCHARILAOS APOSTOLIDES PUBLIC LTD

labour Market Regulatory Authority, Kingdom of Bahrainoasis Mall at Riffa, Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTDCHARILAOS APOSTOLIDES PUBLIC LTD

Royal Amwaj Project Half Moon Bay dammam, Kingdom of saudi Arabia

CHARILAOS APOSTOLIDES PUBLIC LTDCHARILAOS APOSTOLIDES PUBLIC LTD

52 Villas, Royal Amwaj Project Half Moon Bay dammam, Kingdom of saudi Arabia

CHARILAOS APOSTOLIDES PUBLIC LTD

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CHARILAOS APOSTOLIDES PUBLIC LTD

7196 Villas, Royal Amwaj Project Half Moon Bay dammam,Kingdom of saudi Arabia

CHARILAOS APOSTOLIDES PUBLIC LTD

nAJMAH IslAnd

• Al Marsa floating City

• Meena 7 Towers

• Network Operation Centre Building (NOC)

• Rotana Hotel

• Alia Mansions Residential Tower

• Zawia Tower

• Amwaj Wave

tAlA IslAnd

• Tala Residential development

wARdEH IslAnd

• Abdullah Ali Reza Villa

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Amwaj Islands first conceived in 2001, Amwaj Islands is a spectacular group of man-made islands covering 2,790,000m², located in the north east ofBahrain off the coast of Muharraq Island, and just 8km from BahrainInternational Airport. Inter-connecting causeways link all parts of theAmwaj Islands development project to the mainland, providingconvenient commuting to Bahrain's business district.

development has been scheduled in three phases - land reclamation,infrastructure, and residential and facilities construction - and willultimately present an unparalleled choice of lifestyle options. There isa shortage of waterfront accommodation in Bahrain, and the AmwajIslands project is aimed at providing much-desired waterside livingfor residents of Bahrain. Importantly, the project is the first to offer100% freehold land ownership to expatriates living in the Kingdom.

Amwaj Islands is made up of six uniquely shaped islands, four ofwhich offer an extensive range of high quality residentialaccommodation - including luxury full-featured villas, town-houses,apartments, studios and losts. There is a 240m diameter circularmarina with over 140 berths, and one island is entirely dedicated topremier academic and health institutions. Also integrated into theproject are shopping malls, commercial high-rise buildings, hotels,restaurants, and leisure and entertainment amenities that include atheme park. from the outset of the residential and facilitiesdevelopment stage, Charilaos Apostolides (Bahrain) W.L.L. has beenheavily involved in many of the prestigious projects throughout the islands.

CHARILAOS APOSTOLIDES PUBLIC LTD

NAJMAH ISLAND

Al Marsa Floating City, Amwaj Islands

CHARILAOS APOSTOLIDES PUBLIC LTD

75Meena 7 towers, Amwaj Islands

CHARILAOS APOSTOLIDES PUBLIC LTD

network operating Centre Building (noC) , Amwaj Islands

CHARILAOS APOSTOLIDES PUBLIC LTD

77Rotana Hotel, Amwaj Islands, Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

Alia Mansions Residential tower, Amwaj Islands, Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

79Zawia tower, Amwaj Islands, Kingdom of Bahrain duplex Apartment Zawia tower, Amwaj Islands Kingdom of Bahrain

CHARILAOS APOSTOLIDES PUBLIC LTD

Amwaj wave, Amwaj Islands, Kingdom of Bahrain

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TALA ISLAND

CHARILAOS APOSTOLIDES PUBLIC LTD

TALA ISLAND

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WARDEH ISLAND

Private Villa Amwaj Islands, Kingdom of Bahrain

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Photo Gallery of MajorProjects in OtherCountries

One of the key strategies of Charilaos Apostolides Public Limited hasbeen to extend its range of operations internationally, undertakingchallenging ventures in the Middle East, Europe, Africa and the USA.Some of the Group's impressive and diverse projects are illustrated onthe following pages.

CHARILAOS APOSTOLIDES PUBLIC LTD

tradewinds Gibraltar new Catering and single-living Accommodation, Phases 2-5, Gibraltar

CHARILAOS APOSTOLIDES PUBLIC LTD

87Indoor swimming Pool for the Evelpidon Military schoolat Vari AttikisReconstruction of Faliro station, Athens

Construction of 4 luxury Villas at Ekali, Athens

CHARILAOS APOSTOLIDES PUBLIC LTD

Fusion House, United Kingdom

CHARILAOS APOSTOLIDES PUBLIC LTD

Renovation of Cyprus High Commission Premises,Cheyne walk, london, United Kingdom

CHARILAOS APOSTOLIDES PUBLIC LTD

And what of the future...

for a company with the breadth of skills and depth of experience thatwe possess the future is bright and exciting.

Our current and past clients recognise that when they engage with usthey can feel confident that we have all of the inherent abilities todeliver what they want.

future clients can be assured by our past successes, and be certainthat we will carefully and professionally undertake their project andsee it through to a more than satisfactory conclusion.

More than anything, we want our clients to know that the CharilaosApostolides group of companies is totally committed to ensuring thesuccess of every project.

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CyprusHEAd oFFICE

Registered Office: 75 Athalassas Ave., Chapo Tower, 2012 Strovolos, Nicosia, Cyprus

Postal Address: P.O. Box 24819, 1304 Nicosia, CyprusTel.: +357 22 312 000, Fax: +357 22 496 795

Email address: [email protected].: www.chapogroup.com

sAlEs oFFICE

Registered Office: 75 Athalassas Ave., Chapo Tower, 2012 Strovolos, Nicosia, CyprusTel.: 77 77 71 71, Fax: +357 22 429 323

Email address: [email protected]

GEtIAn GEnERAl sERVICEs ltdReady-mixed concrete suppliers

Postal Address: P.O. Box 24819, 1304 Nicosia, CyprusPremises (Tseriou road)Tel.: +357 22 323 533, Fax: +357 22 323 421

Email address: [email protected].: www.ggs.com.cy

GEtIAn GEnERAl tRAnsPoRt ltd

Postal Address: P.O. Box 24819, 1304 Nicosia, CyprusTel.: +357 22 323 533, Fax: +357 22 323 421

Email address: [email protected].: www.chapogroup.com

CHAPoMEd ltdMechanical and Electrical Engineering Contractors

Registered Office: 75, Athalassas Ave., 2012 Strovolos, Nicosia Postal Address: P.O. Box 24765, 1303 Nicosia, Cyprus

Tel.: +357 22 497 874, Fax: +357 22 497 924Email address: [email protected].: www.chapogroup.com

The Kingdom ofBahrainCHARIlAos APostolIdEs (BAHRAIn) w.l.l. Building and Civil Engineering Contractors

Registered Office: Building 1252, Road 5136, Block 951Askar, Kingdom of Bahrain

Postal Address: P.O. Box 1987, ManamaKingdom of BahrainTel.: +973 17 830 190, +973 17 830 191Fax: +973 17 830 183

Email address: [email protected].: www.chapobahrain.com

Abu DhabiCHAPo UAE - llC (ABU dHABI)Building and Civil Engineering Contractors

Registered Office: Office: 2, 1st Floor, Kanoo Building, Baniyas St., Abu Dhabi, United Arab Emirates

Postal Address: P.O. Box 127680, Abu Dhabi, United Arab EmiratesTel.: +971 2 6762166Fax: +971 2 6766705

Email address: [email protected] / [email protected].: www.chapobahrain.com

Saudi ArabiaCHAPo KAnoo FoR ContRACtInG Co. ltd

Building and Civil Engineering Contractors

Registered Office: 503, 5th Floor, Kanoo TowerKing Saud Street, Dammam,31411 Kingdom of Saudi Arabia

Postal Address: P.O. Box 37, Dammam, Kingdom of Saudi ArabiaTel.: +966 38355622 Fax: +966 38355716

Email address: [email protected].: www.chapobahrain.com

(sAUdI ARABIA)

Our objective with this profile was to present the Charilaos Apostolides group of companies as the vibrant

and dynamic entity that it is. We hope you have found it both interesting and informative – and that you

sense our dedication.

As we progress, grow, and develop we will remain true to our founding principles. Taking inspiration from

our past, we will set carefully considered, detailed goals for our future... aster all, we live for the future.

HEAd oFFICE

Registered office: 75 Athalassas Ave., Chapo tower, 2012 strovolos, nicosia, Cyprus

Postal Address: P.o. Box 24819, 1304 nicosia, Cyprustel.: +357 22 312 000Fax: +357 22 496 795

Email address: [email protected]

www.chapogroup.com