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Eurolife And Karaiskakio Foundation Forge Strategic Partnership To Advance Research And Social Impact

Eurolife, a leading force in the industry, has officially aligned with the Karaiskakio Foundation in a strategic partnership dedicated to driving advanced research, humanitarian initiatives, and fostering a culture of giving among Cyprus’ emerging talents. This initiative embodies Eurolife’s resolute commitment to corporate social responsibility and its core values of supporting life, health, and hope.

Strategic Partnership With A Vision

The collaboration marks a decisive step forward in strengthening the Foundation’s research and educational endeavors. By investing in projects that emphasize volunteerism and social contribution, Eurolife sets a high standard for corporate citizenship in Cyprus. The firm’s comprehensive approach reflects a dedication to cultivating a new generation that values service and community enrichment.

Corporate Social Responsibility And Shared Values

Anchored by its robust corporate social responsibility framework, Eurolife’s partnership with the Karaiskakio Foundation is a testament to its broader mission of enhancing societal well-being. As stated by Eurolife’s General Manager, Athena Shipilli Tsingi, the initiative is both an act of responsibility and solidarity, designed to empower communities and uplift human dignity.

Mutual Appreciation And Forward Momentum

Pavlos Kosteas, General Manager of the Karaiskakio Foundation, underscored the significance of this alliance by expressing his gratitude for Eurolife’s support. He highlighted that the long-term, meaningful collaboration is a critical milestone, equipping the Foundation to intensify its mission and drive transformative social impact.

This partnership not only reinforces Eurolife’s commitment to improving lives but also serves as a model for integrating business objectives with community-centric values. Grounded in a vision of a society characterized by care and solidarity, Eurolife continues to invest in initiatives that promote health, scientific advancement, and volunteerism, thereby bolstering social progress and human well-being.

doValue Cyprus Strengthens Market Leadership With New Astrobank Portfolio

Expanding Market Influence

Loan and real estate management firm doValue Cyprus has significantly reinforced its domestic presence in non-performing loan servicing by acquiring a new portfolio from Astrobank Public Company Limited. This development follows Astrobank’s recent transition, marked by the transfer of key operations to Alpha Bank Cyprus Limited and the subsequent surrender of its banking licence.

Strategic Acquisition And Swift Execution

Finalized on November 3, 2025, the agreement underscores a decisive strategic shift as doValue Cyprus assumes management of Astrobank’s remaining portfolio. The immediate commencement of portfolio management is a testament to the firm’s commitment to delivering specialized, resilient solutions within the non-performing loan market.

Expertise Driving Market Growth

Chief Executive Officer Varnavas Kourounas emphasized that the latest portfolio acquisition not only expands the firm’s operational footprint but also validates its credibility and deep expertise in the competitive Cypriot financial sector. The strategic move is aligned with the broader growth ambitions of the doValue Group.

Broader Market Implications

Operating as part of the international doValue Group—the largest independent loan and real estate management organization in Southern Europe—doValue Cyprus is well-positioned to leverage its newly expanded portfolio. With approximately €136 billion in assets under management, the group maintains a dominant presence across Italy, Greece, Spain, Portugal, and Cyprus. Moreover, its subsidiary, Altamira Real Estate, runs Cyprus’ largest real estate platform, managing extensive property portfolios alongside the island’s most comprehensive sales network.

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