About us

MASTERSTAR Trading Ltd

Masterstar Trading Ltd is the exclusive authorized dealer of GREE electrical appliances in Cyprus.
Established in 1993, Masterstar is a commercial company specializing in the import and distribution of domestic and industrial air-conditioning systems.

In 1998, Masterstar was appointed as one of the first ten dealers selected by GREE when the company entered the global market.

Over the years, we have successfully positioned GREE as one of the leading air-conditioning brands in Cyprus, supported by a network of trained professionals and trusted partners.

Masterstar is part of the Laiko Group.

ABOUT GREE

GREE Electric Appliances Inc. of Zhuhai was founded in 1991 and today is one of the largest air conditioner manufacturers in the world with 90K employees and a presence in over 160 countries.

It is one of the few companies that covers all stages of research & development, manufacturing, and repair of all the products it produces with its own resources.

GREE has 15 production centers around the globe. Since 1996, the company has maintained its first place in sales and production volume both in domestic market of China and at a global level. Its philosophy focuses on technological development and perfection of products and production systems, as well as on strict quality control of components and production. Today, production includes 4 main sectors, residential, semi-central, central air conditioning, and heat pumps, with 30 categories and 1,100 different models of air conditioners, from the smallest of 5,000 Btu/h to the largest, with a power of 24,570,000 Btu/h for professional applications.

GREE Electric Appliances Inc. holds the first place in the production of air conditioning systems worldwide. In 2025, GREE Electric Appliances Inc. ranked 246th on the Forbes Global 2000 list.

More info on global.gree.com

 

600m Customers

152 Research Centers

90.000 Employees

1mln m² Warehouse
space in Zhuhai

+1.100 different
air-conditioning types

1.045 Labs

+5.000 Engineers
and Technical workers

15.000 engineers
in R&D Center

15 production bases

Sold in +160
Countries & Regions

Annual Production:
40 mil units

100.000 m² R&D
Center in Zhuhai