Shacolas Group

Shacolas Group

The Shacolas Group is the leading and most diversified Cyprus-based 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 & Engineering
  • Real Estate
  • Infrastructure
The Shacolas Group controls and manages its investments and operations through its private holding company N.K.Shacolas (Holdings) Ltd. Its main holding and investment company is Cyprus Trading Corporation Plc, which is listed on the Cyprus Stock Exchange and owns & controls a portfolio of companies each one specializing in a specific industry. Three of these companies are listed on the Cyprus Stock Exchange:
  • Woolworth (Cyprus) Properties Plc – The Real Estate Arm of the Group
  • Cyprus Limni Resorts & GolfCourses Plc – Golf Resort
  • Ermes Group - The Retail Arm of the Group
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.

Marios N. Shacolas

Group Executive Chairman

Contact Information

Nicosia (head office)

Shacolas House, 200 Lemesos Avenue, 2025 Strovolos, P.O. Box 21744, 1589 Nicosia – Cyprus

Tel: (+357) 22 740 000
Fax: (+357) 22 482 847
Website: Visit website

  • Mr Christakis Charalambous
  • Business & Strategic Development Manager

See more locations

Back to Directory
Cooperation Partners
  • Logo for Association of Cyprus Banks
  • Logo for Cyprus International Businesses Association
  • Logo for Cyprus In Your Heart
  • Logo for Cyprus Chamber of Commerce and Industry
  • Logo for Invest Cyprus
  • Logo for Ministry of Energy, Commerce, Industry and Tourism
  • Logo for Cyprus Shipping Chamber
  • Logo for CYFA Cyprus
  • Logo for Cyprus Investment Funds Association