Leading manufacturing and engineering company L.Nemitsas Ltd has entered a new era with the fifth generation of its founding family taking over the reins during a recent event featuring OEB's Director General Michael Antoniou as the main speaker.
As Antoniou stated in a post on 'X,' "A few days ago I had the extraordinary honour of being invited to speak at an event that was modest, discreet and full of authentic love, creative energy and unwavering optimism."
It was, he added, the symbolic ceremony of handing over the Nemitsas businesses in Limassol from the fourth to the fifth generation.
The parents, Kikis Petevis and Louisa Nemitsa-Petevi, he continued, in front of relatives, friends and associates handed over the reins of L. Nemitsas Ltd, a company with a 112-year history and a promising future, to their children Takis and Daisy." Antoniou concluded by underlining the importance he places on friendship and love.
Πριν λιγες μέρες είχα την εξαιρετική τιμή να προσκληθώ ομιλητής σε μια εκδήλωση σεμνή, διακριτική & γεμάτη αυθεντική αγάπη, δημιουργική ενέργεια & ατόφια αισιοδοξία. Ήταν η συμβολική τελετή παράδοσης της τέταρτης στην πέμπτη γενιά των επιχειρήσεων Νέμιτσας στη Λεμεσό. Οι γονείς… pic.twitter.com/1vetFe8rNJ
— Michalis Antoniou (@OEBdg) November 16, 2025
The company
It is worth mentioning that the company L. Nemitsas Ltd, based in Limassol, has fully integrated and global industrial and engineering activities.
For over 100 years, since being established in 1913, the company has been designing and manufacturing innovative, high-tech and efficient pumping systems for agricultural, domestic and industrial purposes, and other mechanical products under the NEMITSAS brand.
Today, NEMITSAS products are available in all corners of the globe, in places where perfect operation and high performance are of utmost importance, through an unparalleled, organised network of trained and authorised representatives.
(Sources: InBusinessNews, X)
