Stavros Caramondanis studied in the USA before joining the Caramondani Group in 1992, starting as a storekeeper and steadily advancing through various roles. By 1996, he was appointed Brand Manager, and in 2002, he became the Group’s Commercial Manager. Recognizing opportunities in the energy sector, he co-founded Medserve Cyprus LTD in partnership with a Malta-based logistics company, positioning it as a leading provider of logistics and support services to International Oil Companies (IOCs). In 2012, he secured a landmark 55-year concession agreement with the Cypriot government to develop Ayia Napa Marina. A year later, he partnered with prominent international businessman Naguib Sawiris and the Orascom Group to bring the visionary Ayia Napa Marina project to life — a world-class waterfront destination blending luxury residences, a state-of-the-art marina, and vibrant commercial spaces. As industry leaders in water treatment, in 2018 he played a big role in expanding the company’s existing open water desalinated plants with the successful addition of the Caramondani Desalination Paphos Plant. Caramondanis’ strategic leadership and commitment to innovation continue to shape Cyprus’s infrastructure and tourism landscape, solidifying his reputation as a key figure in the region’s economic development.
