Olympus S.A. Industrial Minerals was founded in 2013 by George Georgiadis, Mining Engineering, with a long activity in the Research and Development of Industrial Minerals, especially in industrial minerals that firstly were explorated and exploited in Greece (Feldspars, Quartz), and internationally (huntite -hydromagnesite). Also, on deposits that were not previously exploited (the pozzolan in South Pella was the first exploitation of pozzolan except the island territory and it covers the needs of TITAN cement plant in Thessaloniki until today).
The share capital of Olympus S.A. was exclusively funded by G. Georgiadis without any loan or subsidy. The company's balance sheets are presented in the page "Financial Information".
The main object of the company is the usage of the industrial minerals processing plant that exist in Assiro, Thessaloniki. The plant was repurchased by MEVIOR S.A., which was founded in 1986 by G. Georgiades and the investment bank of ETEBA. MEVIOR was the company who created the primary processing plant, which now improved by the Olympus S.A., in order to exploit Greek deposits of quartz and feldspars.
MEBIOR was the only producer in Greece of the mentioned industrial minerals and was supplying until 2013 the Greek sanitary ware and tile industry, the glass industry with feldspars and with quartz for various industrial uses (screeds, pool filters, tile adhesives, epoxy resins, etc.). Also, significant amounts of high quality quartz and feldspars were exported to Italy, Austria (Swarovski), Israel (artificial granite) etc.
Right after the repurchase, Olympus S.A. has spent substantial sum of money for the reconstruction of the plant and the machinery. Also, a new ultra grinding unit was installed in the plant for the production of super fine products (-10μ., -20μ.).
At the same time, Olympus S.A. has spent considerable sums on the research and development at the production of industrial minerals ("Financial Information").
Nowadays, the company produces products from 5 industrial minerals. Also, own's a concession wich recently licensed (License Reference Number ΔΜΕΒΟ-Β/Φ6.11.7/171440/315/20-02-2017 με ΑΔΑ: ΩΙ704653Π8-ΕΟ8) for zeolite in Northern Evros, an other one which is licensed for exploration and one quartz quarry in Kilkis prefecture.