A Legacy of Trust, Quality and Innovation

Oscar Group – Your trusted solutions partner in the Turkish Republic of Northern Cyprus (TRNC) for destination management (DMC), tourism, hospitality, car rental, physical therapy and investment projects.

Oscar Group: Our History

1950s – Founding and Early Challenges

Erdem Oskar began his entrepreneurial journey at a young age. After his first business partnership ended in bankruptcy, he launched a car rental business in 1958 with just one vehicle.

1974 – A Turning Point

By 1974, the rental fleet had grown to 74 vehicles. During the Cyprus Peace Operation, the company relocated to Northern Cyprus with only 14 vehicles, leaving the rest of its fleet and all of its assets in the south, and rebuilt its operations from scratch.

1980s–2000s – Expansion into Tourism

The Group took a major step into the hospitality sector in 1987 with the opening of its flagship Oscar Resort Hotel in Kyrenia.
Bellapais Monastery Village followed in 2003, together with further hotel and resort investments.
The car rental fleet was expanded once again and became one of the largest networks on the island.

2000–2015 – Brand Diversification

The luxury Vuni Palace Hotel opened in 2005, marking the Group’s entry into the luxury accommodation segment.

2018–2020 – Automotive, Energy and Manufacturing

In 2018, a major automotive showroom opened in Çatalköy, and the company became the TRNC distributor for the Chinese automotive brands BAIC, DFSK and Landwind. The Group also invested in renewable energy, including solar power plants.

In 2020, the Group entered the agriculture and food production sector by establishing the Erdem Efendi Olive Oil Factory in Çatalköy, guided by the philosophy: “If you earn on this island, you must invest on this island.”

1958 – Present – Corporate Succession

Following the passing of its founder, Erdem Oskar, the holding continues to grow under the leadership of family members and professional executives, maintaining a strong corporate structure

Group Member Hotels

• Vuni Palace Hotel – 5-star, spa and casino, seafront
• Oscar Resort Hotel – 4-star, spa and casino, seafront
• Hotel Olive Tree – 4-star, indoor and outdoor pools, bar and restaurant

Group Member Companies

Oscar Rent A Car · Oscar Motors · Oscar Petrol Station · Oscar Insurance · Erdem Efendi Olive Oil Factory · Romatem Move Cyprus

Our Corporate Values

• Trust: Transparent and reliable service across all sectors.
• Quality: Business management in line with international standards.
• Sustainability: Environmentally responsible production and investment policies.
• Innovation: Continuous improvement through technology and modern management practices.
• Social Contribution: Supporting the economic and social development of the TRNC.

Oscar Group (Holding)

Mission

Oscar Group’s mission is to deliver high-quality, reliable and innovative services across all the sectors in which we operate: tourism, hospitality, automotive, energy, healthcare, insurance and investment. We are committed to creating sustainable value for our customers, employees, business partners and the TRNC economy by combining decades of experience with modern management practices. We aim to invest responsibly, operate transparently, and contribute to the long-term development and international recognition of Northern Cyprus.

Vision

Oscar Group’s vision is to become the leading multi-sector holding company in the Eastern Mediterranean, recognised for excellence, innovation and sustainable growth. We aim to expand our portfolio with forward-looking investments, strengthen our international presence and continuously raise service standards across all industries. We want to build a legacy that inspires trust, drives progress and shapes the future of the TRNC through responsible leadership and strategic development.

Why Oscar Group?

• More than 60 years of corporate experience
• A robust, multi-sector ecosystem
• The TRNC’s most extensive tourism and service network
• International quality standards
• A trusted brand identity
• A sustainable investment policy

 

Contact Information

Oscar Group – Headquarters

Hikmet A. Mapolar Str. No. 6,
Kyrenia, 99310, Northern Cyprus
Tel: +90 (392) 650 97 00
E-mail: info@oscargroup.co
Corporate Partnerships: info@oscar-group.com