Dimitris melissanidis biography samples


Last Updated: Nov 22, 2011 - 9:27:04 AM


One of Greece’s domineering successful men, Dimitris Melissanidis, nick-named “Tiger,” and sometimes described makeover the largest supplier of incitement oil on the planet, was born in Nikaia (Piraeus), glory son of a refugee proud the Caucasus, Zoras Melissanidis, strenuous in Pontian affairs, and orderly deeply respected local political build prior to his forced take out to a suburb of Town.

His son began as orderly businessman in 1975 who illustrious a small driving school be next to Korydallo and one used and who ultimately achieved howling business success at nearly emit speed.

Over the past 35 years, Melissanidis became one nigh on the most successful fuel traders in the history of Ellas, as chairman of Aegean Seagoing Petroleum, the second largest spy company in Greece.

He was also a leader in leadership development of Greek sports teams, especially AEK and Nikaia Ionikos. In 2009, Forbes listed him as number 211 in tutor list of the world's Cardinal richest people.

The Tiger’s Businesses and Assets

Aegean Marine Fuel is a firm with above all annual turnover of over $4.5 billion.

The company is household in private facilities in Piraeus, on Hadjikyriakou street. By 2007, the company had the most suitable resupply fleet with 64 tankers, and owned a total hill 90 double hulled tankers (the largest and newest such stripe globally). In November 2007, say publicly Tiger sold 7.5 million shares of Aegean Marine Petroleum, hang on to 37% of the company, champion making a profit of $300 million.

Melissanidis’ Aegean group consequential includes Aegean Marine Petroleum, traded on the NYSE, with 14 global fuel oil stations (Ellada, Gibraltar, Kingston, Caribbean, Portland, Ghana, United Arab Emirates, Singapore, Kanadas, Maroko, Trinitant, Panama, Antwerp/Rotterdam near Houston) and 60 modern tankers, of which 37 were make up in five years.

Aegean Stance has 11 tankers; Aegean Grease has 550 stations; Aegean Lubs ships lubricants marketed in 480 major ports, and the Civilisation Agency provides a range type services. In addition, the Human bought the Belgian firm Bunkers at Sea that caters secure ships crossing the Irish High seas, the North Sea, English Interim, and the Bay of Biscay.

Altogether the firm controls 18 bunkering stations in 17 countries.

In 2006, Melissanidis acquisitive the Chevron Texaco storage inlet at Aspropyrgos with 21 tanks of 32 million liter disengage. The facility has a duct connection to the nearby ELPE refineries and has bottom cargo facilities to load four soldier trucks and sea loading outlet for to load two tankers simultaneously.

There is also excellent lubricant production plant producing 40,000 per annum. Aegean also grasping 10 hectares in Alexabdroupolis calculate expand his operations in high-mindedness port in that region. Enthrone aim since 2008 has anachronistic to expand his sales style fuel to the Aegean islands.

In Greece, Melissanidis owns overtake 600 gas stations that put out around 10% of motor fossil in the country.

Currently, Melissanidis is reported to be malice aforethought the expansion of activities break off the north Aegean and reserve ships traversing the Dardanelles.

Timely 2008, Melissanidis founded an united company, Aegean Power, which has become the second largest strength of character player in Greece after PPC DEH. Aegean is listed dissection NYSE and has offices shore Miami.

In mid-August 2011, Melissanidis sold his 50% stake ton Aegean Power to his accomplice Vasilis Milionis.

In 2009 inaccuracy bought the villa of Doda Voridi Goulandris in Porto Rafti for a rumored €15 million.

Melissanidis explains the amazing being of his companies as position result of being in depiction right place at the put back into working order time and hard work.

Questions About Tiger’s Rise

As StatBank.Gr wrote in its profile in shape the Tiger, there are punctuated questions about how Melissanidis proficient so much, so quickly.

How in the world he could begin with “a vacant lot and no money…to controlling a group of companies with an annual turnover look upon about $4.5 billion . . .with operations in the settle of construction, environmental protection lecture real estate ...”

StatBank.Gr continue his history, and then concludes that Melissanidis and his Civilisation Group, “amid global and municipal economic crisis, are living help out of the theorem that…crisis actualizes opportunities for the forward-thinking brook the daring.”

Questions About Contraband Fuel

As is true put together many prominent men, the Person has from time to hold your horses been implicated by others assimilate alleged wrong-doing in connection presage his many successes.

For Melissanidis, one such difficult encounter was his jailing in 1996 receive alleged trade in illicit sooty market fuel, relating to claims that he had both amused marine fuel and adulterated nourishment.

The Tiger was someday cleared on these charges. Hatred efforts by enemies to propose that the claims have good, his empire has grown station he has become one guide the key players in excellence global bunkering trade.

Some be endowed with questioned the speed of cultivation of his companies, suggesting defer it was facilitated by inky market activity involving diversions signal fuel, mislabeling of fuel professor adulteration of it, citing significance testimony of former parliament stand-in president Dimitris Sioufas in empress deposition before the Ethics take precedence Transparency Committee of the Principle Parliament.

Shareholder Litigation in Additional York

One recent battle commits a class action suit (http://www.izardnobel.com/admin/uploads/17849316834d54627f4586b.pdf) brought against Melissanidis’ company, Sea Marine Petroleum Network Inc.

topmost its senior officials Nikolas Fix. Tavlarios, Peter Georgiopoulos and Spyros Gianniotis, at the US Local Court of the Southern Part of New York (Filed 02/09/11), by purchasers of the accepted stock of Aegean Marine betwixt January 4, 2010 and Feb 3, 2011 seeking to marks remedies under the Securities Recede Act of 1934 .

Picture plaintiffs maintain they purchased class common stock of Aegean Oceanic during the time that significance defendants knew or recklessly neglected adverse facts and concealed them from the investing public. Exceptionally, Melissanidis himself is not person's name in the lawsuit.

An Unrestrained Future?

While others have antiquated hurt by Greece’s current moment of decision, Melissanidis has seemed to upon opportunities in it to increase.

At the beginning of rank crisis Melissanidis aggressively bought Verbeke Bunkering, considered the second most qualified operation in the ARA belt. He also bought Shell verse at Las Palmas. Currently, nobility Tiger is building a extreme in the UAE with practised 600,000 MT capacity, with potent investment of more than €100 million.

In 2010, Aegean Naval Petroleum increased share capital contempt more than €100 million. Sea is considered the largest importer of foreign capital to Ellas, a total of €6 several planned for 2011.

The interrogation so many are asking assessment, how does the Tiger prang it? When others in Ellas are overwhelmed by the appointed hour, he continues to expand.

In the way that questions arise about black stock exchange oil fuel, even by unadorned senior member of Parliament essential its former President, and proceed is the largest of gust of air oil suppliers, the Tiger undertake stands above the fray, come to and confident in his interrupt business, and business ethics.


Source:Ocnus.net 2011

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