The name: ‘Oleastro’ derives from Latin Olea Europea Oleaster and Ancient Greek ởλέαστρο, the wild olive tree, a species still met in Cyprus.
The Company: A small but dynamic company, Oleastro Enterprises Ltd. is the market leader in the Cyprus organic olive oil market. Its main competitive advantages are its umcompromised commitment to top quality olive oil, innovation, and flexibility. In numerous occasions, ranging from EU projects to addressing professional organizations and MBA classes, Oleastro Enterprises Ltd has been selected for benchmarking.
Its line of business:
1) olive (theme) park and
2) production, extraction, bottling and trading of top quality organic olive oil.
Its people: Oleastro Enterprises Ltd. is the brainchild of Andreas and Lina Ellinas with the support of their children Daniel and Natalie. Our friends call us ‘romantic fools’ for our love and devotion to the olive tree, the Mediterranean diet, and the island’s countryside that we consider the ‘heart’ of Cyprus.
Awards / Distinctions
On
March 9, 2007 Lina was presented the Award ‘Woman Entrepreneur of
the year 2006’ of the Cyprus Federation of Business and Professional
Women. She is also currently one of the five candidates for the
Madame Figaro Award for Woman Entrepreneur of the Year 2006. On
June 12, 2006, the European SME day, the Cyprus Chambers of Commerce
selected Oleastro Enterprises Ltd as an SME role model for its originality
and constant innovation, for its contribution to sustainable rural
development, and for its ability to use EU funds effectively. In
2005, the Cyprus Chamber of Commerce and Industry selected Lina
as one of the three role models of women entrepreneurs in male-dominated
areas in Cyprus for the Eurochambers project “CHASE”,
CHambers Against Stereotypes
in Employment. Furthermore,
Lina was selected as a role model of a woman entrepreneur in a number
of EU projects, such as EQUAL, the Greek RCEI (Research Center for
Equality Issues) etc. In
2004, in an evaluation of Cyprus olive oils (‘Take Seven Extra
Virgin Olive Oils in www.kypros-cyprus.com/food-drink.html), organic
olive oil Oleastro was awarded as the only 5-star olive oil. Finally,
Lina was also nominated for the award of Women’s Creativity
in Rural Life – 2003. Her nomination reached the final short
list.
On June 4, 2006, the Olive Park 'Oleastro' received the Award for Architectural Environment by the Green Party.