Ermes is the retail arm of the CTC Group. It is one of the most diverse retailers in Cyprus and is also listed on the Cyprus Stock Exchange. It operates 62 stores, 4 of which in Greece, with over 60,000 sqm of retail space.
Cyprus Trading Corporation Plc (CTC) is a leading Group, based in Cyprus, listed on the Cyprus Stock Exchange. N.K. Shacolas (Holdings) Ltd is the major shareholder with a controlling stake of 87%. It owns and controls a number of companies, each specialising in a specific industry. Three of them are also listed on the Cyprus Stock Exchange.
CTC’s diversity of operations, a key factor in the company’s strength, is spread over five main business sectors: Distribution & Logistics, Retail, Automotive & Engineering, Property, Infrastructure .
1971
Served areaCyprus
HeadquartersShacolas House, Old Nicosia - Limassol Road, Athalassa, 2003 Nicosia – Cyprus
175,000,000
IPOMay 18, 2007
Stock exchange(s)Cyprus Stock Exchange