Shacolas Group

Description:

The Shacolas Group is one of the largest private Groups in Cyprus. The Group is the major shareholder, with controlling interest, in a number of companies operating in Cyprus and abroad. It is involved in activities ranging from manufacturing, distribution and retailing, where it holds leading market positions in Cyprus, to property and tourist development. It is one of the largest employers on the island and its annual turnover exceeds Β¤0.50 billion. The Shacolas Group operates mainly through public Companies listed on the Cyprus Stock Exchange. Major companies of the Group like Cyprus Trading Corporation Public Limited, Woolworth (Cyprus) Properties Public Limited, Christis Dairies Public Limited, are among the selected list forming the Cyprus FTSE index.