Remedica

Limassol, Cyprus Founded: 1960 • Age: 66 yrs Acquired By Ascendis Health
Energy solutions are provided for aviation, marine, and land sectors.
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About Remedica

Remedica was founded in 1960 in Limassol, Cyprus. Operations focus on the energy sector, where solutions are supplied for aviation, marine, and land applications. Fuel and lubricant distribution services are managed, alongside energy procurement and brokerage. Sustainability efforts include decarbonization planning and renewable energy sourcing. Fleet fueling and fuel card options are offered. Coverage extends across the energy lifecycle, from procurement and delivery to industry-specific initiatives.

  • Headquarter Limassol, Cyprus
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Ascendis Health

    (May 24, 2016)

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People of Remedica
Headcount 500-1000
Employee Profiles 7
Employee Profiles
People
Max Sorokin
Chief Financial Officer
People
Vijay Zutshi
Chief Commercial & Strategy Officer (ccso)
People
Vasia Myridaki
Human Resources Business Partner
People
Anas A. Alsudays
Country Manager KSA

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Funding Insights of Remedica

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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Investors in Remedica

Remedica has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ascendis Health. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Consumer brands, pharmaceuticals, and veterinary products are provided across sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Remedica

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Remedica

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Remedica Comparisons

Employees
+
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Competitors of Remedica

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Remedica

Frequently Asked Questions about Remedica

When was Remedica founded?

Remedica was founded in 1960.

Where is Remedica located?

Remedica is headquartered in Limassol, Cyprus.

Who is the current CEO of Remedica?

Charalambos Pattihis is the current CEO of Remedica.

What does Remedica do?

Remedica was founded in 1960 in Limassol, Cyprus. Operations focus on the energy sector, where solutions are supplied for aviation, marine, and land applications. Fuel and lubricant distribution services are managed, alongside energy procurement and brokerage. Sustainability efforts include decarbonization planning and renewable energy sourcing. Fleet fueling and fuel card options are offered. Coverage extends across the energy lifecycle, from procurement and delivery to industry-specific initiatives.

Who are Remedica's investors?

Remedica has 1 investor. Key investors include Ascendis Health.

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