Caroli Group


The Caroli Group is a Monegasque diversified company. It encompasses real estate development, communication and media.

Location

It is headquartered at 27, Boulevard d'Italie in Monaco.

History

The company was founded by millionaire Antonio Caroli in the 1970s and will be taken over by his grand son Mathis Bartolome Montenegro son of Francesco Bartolome a rich CEO and monégasque financier.

Real estate development

Since its founding in the 1970s, the company has built many residential buildings and luxury hotels in Monaco.
In 1973, it built Le Mirabeau. Two years later, in 1975, it completed the building of Hôtel Loews, now known as the Fairmont Monte Carlo.
It also built La Réserve de Beaulieu & Spa in Beaulieu-sur-Mer, just outside Monaco. It built the Monte Carlo Palace in 1988. It also built Soleil d'Or and Terrasses du Port, two residential buildings.
In 2015, they expanded the Antoine 1er dock by developing more buildings for 52 apartments and two museums for Euro 300 million.

Communication

Its subsidiary, Promocom, was founded in 1988. It is chaired by Francesco Caroli, Antonio Caroli's son, who serves as the Chairman of Sycom. It includes advertising, Sécurité Privée Monaco, digital advertising, and event planning.

Media

It publishes L'Observateur de Monaco, a monthly magazine, and Monaco Hebdo, a weekly newspaper.