The Shacolas Group is the leading
and most diversified private Group in Cyprus

Size and diversification are the main characteristics of the Group, which controls a number of operations in Cyprus and Greece, many of which are market leaders in their field. The main industries in which the Group operates are as follows:

• Retail
  
• Distribution & Logistics
  
• Automotive
  
• Telecommunications
  
• Real Estate
  
• Infrastructure

The Shacolas Group operates through two holding companies, N.K.Shacolas (Holdings) Ltd, a private company, and Cyprus Trading Corporation Plc (CTC), which is listed on the Cyprus Stock Exchange and is one of the largest in market capitalization. Two other listed companies controlled by CTC are Woolworth (Cyprus) Properties Plc, the real estate arm of the Group, and Ermes Department Stores Plc the retailing arm.

The Group’s vision of the future is to maintain market leadership in Cyprus, and through existing and new strategic alliances and partnerships, create the right framework for continuous, profitable growth.