Business

From its very inception, the vision for the Prestige Group has been to become a leader in the corporate and luxury services market, by adhering to our corporate mission of uncompromising quality and integrity in all our business practices.

“One of my greatest realizations is that the inspiration for our vision comes from our continual effort to plan ahead. This approach, supported by our commitment to quality, has been reflected in the rapid growth and diversification into an array in a range of different fields and continues to drive the Group’s marketing and strategic management. I am confident that with our skilled and motivated team coupled with our socially responsible company culture, we will continue to forge and build sound relationships with local and international partners.

On behalf of the Prestige Group, I thank all our associates and partners for their continuous support and confidence in us. We look forward to upholding these standards of excellence, in all aspects of our business and further networking with more like-minded, national and international alliances that will contribute towards the socio-economic, sustainable development of Cyprus.”

Elias A. Spyrou

Co-Founder & CEO

Prestige Group

“WE ARE WHAT WE REPEATEDLY DO. EXCELLENCE, THEN, IS NOT AN ACT, BUT A HABIT.” Aristotle

Having assessed the need to create a niche market for the provision of luxury services on the island, primarily to high-end affluent consumers and having years of extensive professional expertise in the car rentals industry, Elias A. Spyrou takes the risk of establishing the Prestige Group of companies, by entering the luxury services market with the objective of becoming a leader in the provision of luxury services.

This innovative project is materialized in partnership with the Russian entrepreneur and lawyer, Evgene Kantserov, who Elias meets in his capacity as a customer of the Prestige Car Rentals. Their business acquaintance soon develops into a strong friendship, since they both share the vision of national economic development and innovation, so as to contribute towards the promotion of Cyprus as a centre of financial and investment opportunities and as a business bridge between Europe and the Middle East.

The entry of the Prestige Group into the luxury services market comes at a period of the outburst of the global economic crisis. The organization quickly reacts to this crisis by establishing a firm understanding of the new spending needs of the Group’s target group. The absence of a luxury services market on the island led the Prestige Group to create a niche market for the provision of luxury services, thus enabling the high end of the local population to spend their money locally rather than abroad, in receiving these sought after luxury services. This in turn would contribute towards the formation of an environment wherein high-end individuals would be able to spend their money in.

“DO NOT GO WHERE THE PATH MAY LEAD, INSTEAD GO WHERE THERE IS NO PATH AND LEAVE A TRAIL.” Ralph Waldo Emerson

The provision of these services are provided across the group’s divisions so as to actively promote the quality of services in Cyprus and to further upgrade the market in this respect, with a longer term objective of branding Cyprus as a provider of specialized corporate and luxury services to the international community.