From a Karavas cart dream to a business empire: the life of Nicos Shacolas

Nicos Shacolas, the businessman who built one of Cyprus’s largest business empires from the foundations of a large family in Karavas, has died at the age of 99.

Shacolas was born on 1 December 1927 in Karavas, the youngest of eight children in the family of Kyprianos Shacolas. His was a typical rural family in which his mother played a central, dominant role, always waiting for her children to eat before she did. His father was a man of hard labour, working long hours as a small-scale...