Hellenic Fridge Recycling S.A. (H.F.R. S.A.) founded in 2006 by ΟΕΚΟ-SERVICE LUXEMBURG S.A. (OSL) based in Luxemburg.

In November 2007,  E.K.AN. S.A. became the company’s major share-holder.

In July 2008, H.F.R. S.A. signed a contract with the company “Appliances Recycling S.A.”, a company duly authorized by the Greek Ministry of Environment for the Management of the Waste of Electrical and Electronic Equipment in Greece.

The plant’s full operation for dismantling and recovery of fridges started in November 2008.