The entire business community bids farewell to the iconic Nikos K. Siakolas. The news of Nikos K. Siakolas’s passing has cast a deep shadow of sorrow over Cyprus’s economic, business, and social life.

As one of the country’s most iconic and pioneering figures, the late Mr. Siakolas left an indelible mark through his multifaceted work, projects of strategic importance, and significant philanthropic efforts.

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Major organizations, chambers of commerce, and companies—with which he was closely associated and which he shaped through his vision—express their respect and sincere condolences.

The following are the condolence statements:

Hermes Airports

The Chairman, the Board of Directors, the Management, and the staff of Hermes Airports express their deep sorrow at the passing of Nikos K. Siakolas, Lifetime Honorary Chairman of our company and one of the most iconic figures in the Cypriot business community.

Nikos K. Siakolas was one of the driving forces behind the creation of the Hermes Airports consortium, which in 2006 took over the management and development of Larnaca and Paphos airports, playing a decisive role in shaping the vision that transformed Cyprus’s airports into modern gateways to the country.

He served as the first Chairman of the Board of Directors of Hermes Airports, from the company’s inception until July 2011, and subsequently as Lifetime Honorary Chairman, consistently offering insight and dedication, he consistently shared his knowledge and experience. Until very recently, he actively participated in the company’s operations and strategic decisions, always remaining committed to its progress and development.

The late Mr. was distinguished for his foresight, his business acumen, and the way he approached the future with boldness and optimism. He believed unwaveringly, and through his contributions, he established Cyprus’s airports not only as modern and functional infrastructure but also as true jewels for the country, worthy of its history, hospitality, and aspirations.

The legacy he leaves behind, both at Hermes Airports and in Cyprus’s business and economic life, will continue to be a source of inspiration for future generations.

The Chairman, the members of the Board of Directors, the Management, and all employees of Hermes Airports extend their sincere condolences to his family and loved ones.

OEB

The Federation of Employers and Industrialists (OEB) expresses its deep sorrow at the passing of businessman Nikos K. Siakolas and extends its sincere condolences to his family, loved ones, and colleagues.

With a career spanning more than 70 years, Nikos Siakolas was one of the country’s most iconic business figures. He worked with vision, creativity, and perseverance, developing one of the country’s largest business groups and creating thousands of jobs. His business ventures were pioneering and led, among other things, to the creation of the joint ventures that developed and manage the new airports in Larnaca and Paphos, the opening of the first department stores and DIY superstores in Cyprus, as well as the construction of the Siakola Tower within the walls of Nicosia.

Alongside his business activities, the late Mr. Siakolas was deeply involved in philanthropic work, which included significant donations to the University of Cyprus for the reconstruction of the buildings of the “Nikos K. Siakolas” School of Medicine and Health Sciences “Nikos K. Siakolas” and the “Siakoleios Educational Center for Clinical Medicine,” the construction of museums and cultural institutions, and the establishment of the Karava Scholarship Foundation.

The business and social legacy he leaves behind serves as a source of inspiration and a benchmark for Cypriot business.

EBE

The Board of Directors and the Secretariat of the Nicosia Chamber of Commerce and Industry express their deepest sorrow at the passing of the distinguished businessman Nikos K. Siakola.

The late Mr. Siakola was an iconic figure in the economic and social life of Cyprus, leaving an indelible mark on the development of the business world and entrepreneurship.

He was one of the founding members of the Nicosia Chamber of Commerce and Industry, served as its first Honorary Secretary in 1963, and was elected Vice President in 1972.

 His passing leaves an irreplaceable void, but his great contributions, his work, and his service to the community will remain alive in all our memories.

We extend our sincere condolences to his family, loved ones, and colleagues.

PASYXE

The President and the Board of Directors of the Pan-Cyprian Hoteliers Association express their deep sorrow at the passing of Nikos K. Siakolas, a prominent figure who left an indelible mark on Cyprus’s business community.

Nikos K. Siakolas developed a wide-ranging business portfolio, contributing significantly to the implementation of projects of strategic importance for the Cypriot economy and the country’s development.

His contribution to the creation and development of the international airports in Larnaca and Paphos was particularly significant, a project that substantially strengthened Cyprus’s tourism sector. As one of the founders of Hermes Airports and as the first Chairman of its Board of Directors, he played a leading role in the modernization and upgrading of the country’s aviation infrastructure. The strengthening of Cyprus’s air connectivity has created new opportunities for tourism, the hotel industry, and the economy at large.

The Pan-Cyprian Hoteliers Association extends its sincere condolences to the family and loved ones of the deceased.