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Nicolas Shacolas is the founder and president of NKS Group, the largest private corporation in Cyprus, with a staff of several thousand people. Since its founding in 1953, the company has grown into a mega-holding organisation that includes retail, telecommunications, real estate, infrastructure, transport, logistics, automotive business and investments.

The company’s portfolio includes facilities such as Debenhams, Super Home Center, Volvo, Mall of Cyprus, My Mall Limassol, the new airports of Larnaca and Paphos and a luxurious golf resort in the village of Limni, on the northwest coast of the island.

In total, NKS Group owns more than 3.5 million square metres of real estate.

Nikolas shakolas biography of michael

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  • Bernard arnault son
  • Top 10 richest family in europe
  • Shacolas Group is widely known in Cyprus for its charitable projects, implemented through the Nicolas and Elpida Shacolas Foundation. Among them, there is the Shakolion Educational Health Centre (4.5 million Euros), the School of Medicine at the University of Cyprus (9 million Euros) and many others.

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