M. I. PANAGIOTARAKOS & Co, was established in 1981, as manufacturing Company of precision rubber parts, using extrusion and compression production methods, for marine and general industrial use.

The Company soon became one of the leading rubber parts subcontractor in the domestic and European market Over the years, more than 1000 different rubber parts have been developed, designed and manufactured for the needs of the Armed Forces, industrial and construction companies, truck and bus industries and large Greek public companies. The manufacture of many parts related to Electric Power generation and distribution has to be mentioned.