Thomas Cook India extends services for Indian enterprises operating or planning operations in the European Union via its Cyprus subsidiary

Thomas Cook (India) Limited, India’s leading omnichannel travel services company, continues to strengthen its strategic engagement across the India–Europe corridor through its Cyprus subsidiary, Travel Circle International (Cyprus) Limited (TCI Euro), alongside Eurobank’s growing presence in India, to support Indian enterprises expanding into Europe.

Strategic Expansion
- Thomas Cook (India) Ltd. entered the EU in 2025 by establishing Travel Circle International (Cyprus) Ltd. (TCI Euro) in Nicosia.
- Purpose: support Indian corporates and multinationals with business travel solutions across Europe.
- Benefits: access to EU-exclusive travel options, preferential rates, and localized offerings.

Financial Connectivity
- Eurobank opened its first representative office in Mumbai, marking the first physical presence of a Greek/Cypriot bank in India.
- Role: facilitate cross-border corporate transactions and investments between India and Europe.

Ecosystem Impact
- Together, Thomas Cook India and Eurobank create a combined ecosystem of travel services + financial services.
- This supports Indian enterprises expanding into Europe, especially after the India–EU Free Trade Agreement (Jan 2026), which covers nearly 2 billion people and 25% of global GDP.

Leadership Voices
- Indiver Rastogi (Thomas Cook India): “Our entry into Cyprus strengthened our ability to service clients across the EU… combined with Eurobank’s presence in India, we can facilitate seamless business mobility.”
- Michalis Louis (Eurobank): “India is a strategically important market… we see a powerful opportunity to collaborate with Thomas Cook India to support Indian enterprises expanding across the EU.”

Why It Matters
- Strengthens the India–Europe corridor for trade, travel, and investment.
- Positions Thomas Cook India as a key facilitator of business mobility in the EU.
- Deepens financial and travel integration at a time of accelerating India–EU economic ties.

This move is essentially about building a bridge: Thomas Cook India handles the travel and mobility side, while Eurobank provides the financial backbone. Together, they’re creating a smoother runway for Indian businesses to expand into Europe.