Prodromos Emfietzoglou has developed significant business and cultural activity. Specifically, it has contributed to the support of Greek minorities and communities abroad by creating cultural and educational centers, in the preservation of cultural heritage in Mariupol, Ukraine, in Sliven, Bulgaria and in Drosero, Xanthi.

Equally important are his initiatives for the restoration of the Tower of the Monastery of Pantokratoros, the construction of infrastructure works at the Monastery of Esfigmenos on Mount Athos and the restoration of the Cathedral of Agios Dimitrios of Myrovlytis in Switzerland. For his work, Prof. Emfietzoglou has been honored by the Academy of Athens, the Ecumenical Patriarch Bartholomew, the Patriarch of Jerusalem Diodorus I and the Metropolitan of Switzerland Damaskinos. In 1995, the Department of Economics of the Aristotle University of Thessaloniki awarded him an honorary doctorate for his work and contribution to Greek society and the Greek economy. In 2001, following a proposal from a liberal arts laboratory based in Thessaloniki, he was awarded an honorary doctorate from the University of Abertay Dundee in the science of Business Administration. The Ioannis Kapodistrias Center for European Studies awarded him the Gold Medal "Ioannis Kapodistrias 2002", for the promotion of Culture through Education and Language. In 2004 the Municipality of Odessa awarded Mr. Prodromos Emfietzoglou, the Supreme Distinction of the City (Medal Grigorios Maraslis) for his contribution to its economic and cultural life.