The story begins to unravel in the early ’60s, when the young Republic of Cyprus was attempting to stand on its own two feet. What comes next spans six decades of zealous creation. A lifelong work that bears the signatures of the two people who envisioned it, brothers Stavros and Gerasimos Caramondani.

With insight and intelligence the two Caramondani brothers saw the potential of Famagusta, and of Cyprus as a whole, for the development of the tourism sector. This was the spark that created Caramondani Bros.


On 24/6, under British Colonial rule, Caramondani Bros is established in Famagusta, Cyprus, as a Limited Partnership by Stavros and Gerasimos Caramondani, with registration number P. 2027.


Caramondani Bros, alongside 9 other partners, establish the electrical goods limited liability company ‘O Promithefs Ltd’, which in 1968, is renamed H.E Prometheus Ltd.
The Partnership becomes an
Unlimited Partnership.
The Partnership becomes an
Unlimited Partnership.
As a result of bi-communal unrest, the partners lose a great proportion of their property, including the company warehouses in old Famagusta.
Brothers Stavros and Gerasimos Caramondani establish Caramondani Plastics Ltd. to produce electrical parts such as plugs and switches, as well as plastic containers for the catering industry.
The company completes the installation of central air conditioning in the first modern hotel of Cyprus, the Grecian Hotel in Famagusta.
Since its establishment, and in the years which follow, the company undertakes electrical and central heating installations in hotels and other buildings in Famagusta. A pioneer in its field, it introduces central air conditioning systems to the fast-growing hotel industry. The company also completes the electromechanical installations of the first heated pool at Asterias Hotel in Famagusta.