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 Subsidiaries
ERMES GROUP
 Debenhams department stores, fashion franchise stores and DIY centres, comprise the biggest retailer on the island, a total of 59 outlets to date.
Visit Ermes Website
INFOTEL-GERMANOS
 At the top of mobile telephony retailing with
26 outlets, Germanos chain of franchise stores and knowledgeable staff offer their customers the latest in telecom and digital products and services.
HOUSE OF BEAUTY
 Entrusted with world famous brands of luxury cosmetics and fragrances, for both domestic and travel retail markets. HOB meets its suppliers' and customers' aspirations by adhering to the highest standards of distribution and service, in strict compliance with each brand's image.

 Associates & Related Companies
CTC-ARI AIRPORTS LTD
 The joint venture formed by CTC, related companies, and Aer Rianta International (ARI) secured the exclusive management of the commercial operations of both the present and the new Larnaka and Pafos airports, for a 25-year period. CTC-ARI commenced activities on 1 July 2006 with the key objective of providing best value to customers through ensuring very competitive prices and offering a better shopping experience. Although the new terminals will be ready in three years time, the company embarked on a major interim renovation of the current premises, which will make available exciting new areas and retail concepts.
HERMES AIRPORTS LTD
 A consortium formed by a number of international and local companies for the construction and operation of Larnaka and Pafos airports for a period of 25 years, following the BOT (Build, Operate, Transfer) method . Operations commenced on 12 May 2006. New Pafos and Larnaka airport terminals are due to open in 2008 and 2009 respectively.
WOOLWORTH PROPERTIES
 With CTC as its main shareholder, the company is active in the management of immovable property.
Visit Woolworth Properties website
OTEnet Telecom
 The first fully licensed telecommunications service provider in Cyprus, member of OTE, Greece, one of the best performing networks in Europe.
Visit Otenet Cyprus Website
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