AEK Athletic Club was established in 1924 and is one of the most successful departments of AEK. One of the first sections of the AEK athletic club was cycling. M. Kaloudis was a winner in the Balkan Games (in 1940 in Bucharest when he was third) and was one of the founders of the Chamber. He first appeared in 1929 and was followed by Petoun, Tarsinian and Krisalis. Another cycling ace was Kouvelis, who won the gold medal in the Balkan Games of 1940 in the race of 33 kilometers. Both Kaloudis and his Kouvelis participated in the Olympic Games in London in 1948.