It is situated between the cities of Ptolemaida and Kozani (14 km (8.7 mi) distance from each).

It is a refugee town, developed as a modern and organised village with a complete market and services.

A new amphitheatre opened 15 July 2001 which was constructed at the foot of the mountain and shaped by former quarries.

Pontokomi is notable in later Greek history including the participation of the majority of residents in the resistance during World War, and also in marching against dictatorship.

The main industry is agriculture (cereals and tobacco) and some residents work in the power stations.