[1] Today, the focus of the Greek athletic club is on the franchise's men's basketball department.
Due to geographical isolation, and very small financial abilities for most of the club's history, the basketball team was not able to compete at a high level for many years, and was not funded properly.
In 2003, head coach Vassilis Fragkias joined the team, and the ascent up into the Greek A2 League division commenced.
[3] Through the 2018–19 season, Kolossos played its domestic Greek Basketball League games at the 1,242 seat Venetokleio Indoor Hall.
[5] The arena's seating capacity was increased to 3,400 people, so that Kolossos could play its home games there, while competing in the European secondary level FIBA Champions League competition.