AlphaMega or AlfaMega (in Greek: ΆλφαΜέγα) is a Cypriot supermarket chain founded in 1997. In 2020, it was the second largest supermarket chain in Cyprus in terms of revenue, behind Lidl. As of January 2025, AlphaMega has a total of 21 supermarkets in Cyprus. Alphamega Hypermarkets originated in 1996 with the opening of the Charalambides Hypermarket in Engomi, at the time regarded as a state-of-the-art retail development in Cyprus. In 1997 the store was purchased by businessman Andreas Papaellinas, who founded C.A. Papaellinas Group Ltd. as the holding company for the venture. The banner “Alphamega” was adopted in 2002. That year the firm also inaugurated a second location in Acropolis. Continued geographic expansion followed: More information...
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