The company Apello AS, was established in Norway in 2005. The main activities of the company was property sales abroad. Apello AS covered countries like Thailand, Brazil, USA (Florida), Turkey, Italy, Spain, France, Greece and Cyprus.
In 2007 the Company expanded their services to include investments and company formation in countries like Cypus, Belize, China (Hong Kong), Panama, Seychelles, Malta and Dubai.
Due to financial crisis world wide Apello deceided to cut back on services provided, and started to focus on properties in Greece (Crete) and Cyprus, as well as investments and company formation services.