Gold Magazine December 2013 - January 2014, Issue 33 | Page 34

SPECIAL SUPPLEMENT

T

he Lanitis Group of
Companies, one of
the largest business
groups in Cyprus,
was established towards the end of the
19th century and is
currently under the leadership of the
fourth generation of the Lanitis family.
The Group is also one of the biggest
employers of the private sector in Cyprus. Based on its values - reliability,
integrity, quality and social contribution - the Group plays a pioneering and
innovative role in the industries that it
operates in through time. While securing its sound financial standards, the
Group at the same time participates
and contributes actively in the economy
and social life of the country.
The Group is active in a diversified
set of business fields, such as construction, property development, tourism and travel, hotels, transport, leisure
and entertainment, restaurants, golf,
marinas, energy, trading and commodities.
The vision of the Group is to have a
positive contribution through time to
the economy and society, based on
development, innovation and quality,
aiming to ensure a dynamic future perspective. This vision has been shared
and followed by four generations within

the Group, while continuously moving
forward and growing through contemporary methods and practices.
The Group is also known for its humanitarian and social contribution to
society, especially in the areas of culture, education and health. In 2002 the
Evagoras & Kathleen Lanitis Foundation
was established, a non-profit organization, based in Limassol which organizes
and sponsors cultural and educational
events.

Lanitis E.C.
Holdings Ltd

The Management of the Lanitis Group
has its headquarters at the premises of
the Limassol-based company Lanitis
E.C Holdings Ltd, which is currently
acting as the Group’s holding company.
Lanitis E.C Holdings Ltd has a diversified portfolio of investments through
its various subsidiaries and associate
companies.
The role of Lanitis E.C Holdings Ltd
includes the formulation of the Group’s
investment strategy, the formulation of
procedures and the coordination of the
activities of the Group’s companies,
particularly in the areas of Strategy,
Finance, Communications and Internal
Audit and Human Resources.

N.P
.Lanitis Ltd
Established in 1896, it formed the backbone of the Lanitis Group, and is currently a diversified portfolio investment
company. Through autonomous subsidiaries and/or associate companies, N.P.
Lanitis offers a wide range of products
and services in various sectors of the
economy, such as energy, commodities,
trading, restaurants and entertainment:
• Lanitis Electrics Ltd: Maintains
a strong presence in the market of
electrical supplies, cables, wires, firedetection systems and automation.
• Lanitis Aristophanous Ltd:
Market leader in three main lines of
business: timber and its by-products,
specialised building materials; and
sanitary ware, ceramic tiles and parquet
floors.
• Carob Mill Restaurants Ltd:
Manages a number of up-market restaurants, cafeterias, take-away food
outlets and business events venues
(Artima, Stretto, Draught, Ryans, Istoriko, Karatello, Il Gusto, Kouzina,
Richard&Berengaria) establishing itsel