Being the only importer of aluminium in Cyprus, Muskita launched the first Anodising Plant in Cyprus in 1964 and expanded its activities to Extrusion in 1985. In 1987 the company introduced a Powder Coating Plant to add an array of colours and finishes to its products. Thereafter, all stages of production could be encompassed under one roof, proving a great asset to quality control and customer satisfaction.
Muskita Aluminium Industries was listed on the Cyprus Stock Exchange in 2000 and in the same year acquired the UK based company, Universal Aluminium Systems. As a consequence, Universal has become one of the largest industries in its field in the UK.
Muskita Hotels was formed in 1989. Plans were made to create a superior five-star beachfront hotel to surpass all others in Cyprus.
Construction commenced in 1990 and the independently operated ‘Four Seasons Hotel’ had its grand opening just under three years later.
In addition to its policy of continual refurbishment, the company has since undertaken two complete renovations of the hotel - both requiring substantial re-investment. Over the years the Four Seasons has received numerous awards from leading European Tour Operators, the local Tourism Organisation (C.T.O.) and other associations for its quality and consistency. It became the choice of many repeat clients and V.I.P.’s.
In 2002 the Group purchased a building in central Athens and undertook extensive reconstruction work to transform it into a deluxe city centre hotel. ‘Residence Giorgio’ subsequently opened in 2004. In 2008 this hotel was leased to Meliá Hotels & Resorts and renamed, ‘The Meliá Athens.’
Also in 2002, Muskita Tourist Enterprises began the construction of a quality holiday resort in a rural region on the south coast of Cyprus. For this project, the company used part of a sizeable piece of prime beachside land it had invested in back in 1996. ‘The Aldiana Cyprus Hotel,’ currently operated by Aldiana GmbH, opened in May 2004.
Real Estate & Other Investment Activities
Run by the Mouskis family, Muskita Investments was formed in 1976. The company owns land in various Cyprus locations; office buildings and residential apartments for rent in Nicosia; as well as shops and showrooms in Limassol and Nicosia.Upcoming projects include: a building in Limassol - comprising showrooms and offices; and a high-end hotel and residential development on the southern coast of Cyprus where the company owns a sizeable area of land, with a small marina on site and 950m seafront.