Alphamega

AlphaMega (also stylized as AlfaMega) is the largest and fastest-growing supermarket chain in Cyprus, founded in 1997. It is owned and operated by the Ch. A. Papaellinas Group, a key player in the Cypriot distribution sector. As of early 2025, AlphaMega operates 21 supermarkets across Cyprus, including two convenience stores located in the Limassol and Ayia Napa marinas. The company runs two distribution centers in Larnaca and Limassol to support its extensive retail operations and online shopping platform.

AlphaMega is recognized for its broad assortment of high-quality products in food, drinks, and beauty categories, catering to a wide range of customer preferences with both well-known international and local brands. The company maintains a strong focus on technological advancement, having implemented a comprehensive digital transformation strategy that includes an innovative e-commerce platform and Click & Collect service launched in 2023. 

With over 2,200 employees in Cyprus, AlphaMega places emphasis on its workplace environment and has earned certifications such as Investors in People and Great Place to Work. The company is also active in corporate social responsibility initiatives. 

Financially, AlphaMega is estimated to have annual revenues in the range of 50 to 100 million euros as of 2023, ranking as the second largest supermarket chain in Cyprus by turnover, after Lidl. The company plays a significant cultural role in Cyprus, including sponsorship naming rights for the Alphamega Stadium in Limassol, a major sports venue.