A Legacy of Trust, Quality and Innovation
“Oscar Group – Your trusted solution partner in the TRNC for DMC, tourism, hospitality, car rental, physical therapy, and investment projects.”
Oscar Group Historical Development Process
1950s – Founding and Early Challenges
Erdem Oskar began his entrepreneurial journey at a young age. After experiencing bankruptcy in his first partnership, he launched a car rental service 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 left its entire fleet and assets in the south and relocated to Northern Cyprus, rebuilding its operations from the ground up.
1980s – 1990s – Expansion into Tourism
A major step was taken into the hospitality sector with the opening of the flagship Oscar Resort Hotel in Kyrenia. This was followed by Bellapais Monastery Village (1995/1996) and additional hotel and resort investments. The car rental fleet was expanded once again, becoming one of the largest networks on the island.
2000 – 2015 – Brand Diversification & Famagusta Investments
The Vuni Palace Hotel was launched in the luxury accommodation segment.
2018 – 2020 – Automotive, Energy & Manufacturing
In 2018, a major automotive showroom opened in Çatalköy, and the company became the TRNC distributor for Chinese automotive brands BAIC, DFSK, and Landwind.
Investments in renewable energy, including solar power plants, were implemented.
In 2020, the Group entered the agriculture and food production sector with the establishment of the Erdem Efendi Olive Oil Factory in Çatalköy, guided by the philosophy: “If you earn on this island, you must invest on this island.”
2024 – Present – Corporate Succession
Following the passing of founder Erdem Oskar, the holding continues to grow under the leadership of family members and professional executives, maintaining its strong corporate structure.
Group Member Hotels
- Vuni Palace Hotel – 5 Stars, Spa & Casino, seafront
- Oscar Resort Hotel – Spa & Casino, seafront
- Hotel Olive Tree – 4 Stars, indoor & outdoor pools, Irish bar & restaurant
Group Member Companies
- Oscar Rent A Car
- Oscar Motors
- Oscar Petrol Station
- Oscar Insurance
- Erdem Efendi Olive Oil Factory
- Romatem Move Cyprus
Oscar Group (Holding)
Our Corporate Values
Trust: Transparent and reliable service across all sectors. Quality: Business management aligned with international standards. Sustainability: Environmentally conscious production and investment policies. Innovation: Continuous improvement through technology and modern management practices. Social Contribution: Supporting the economic and social development of the TRNC.
Mission
Oscar Group’s mission is to deliver high‑quality, reliable and innovative services across all 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. Our mission is to invest responsibly, operate transparently, and contribute to the long‑term development and global recognition of Northern Cyprus.
Vision
Oscar Group’s vision is to become the leading multi‑sector holding in the Eastern Mediterranean, recognized for excellence, innovation, and sustainable growth. We aim to expand our portfolio with future‑focused investments, strengthen our international presence, and continuously elevate service standards across all industries. Our vision is 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?
- Over 30 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
- Sustainable investment policy
Contact Information
Oscar Group – Headquarters Hikmet A. Mapolar Str. 4499 Kyrenia, 99310 Northern Cyprus
Tel: +90 (392) 650 9700 E‑mail: info@oscargroup.co Corporate Partnerships: info@oscar-group.com