Thomas Cook India and Eurobank Strengthen India-Europe Corridor for Corporate Growth

Thomas Cook India and Eurobank Strengthen India-Europe Corridor for Corporate Growth​

Thomas Cook (India) Limited (TCIL) has expanded its strategic footprint across the India-Europe corridor by strengthening its collaboration with Eurobank. This partnership aims to provide seamless access to travel services, cross-border transactions, and investments for Indian enterprises operating or planning operations within the European Union (EU).

TCIL, India's leading omnichannel travel services company, is advancing its international engagement through its Cyprus subsidiary, Travel Circle International (Cyprus) Limited (TCI Euro). Following its announcement of entry into the European Union in 2025, TCI Euro established its first office in Cyprus (Nicosia). This facility was set up to support the evolving business travel needs of Indian corporates and multinational clients across Europe. TCIL's move provides enterprise clients with access to exclusive EU travel options and preferential rates.

The collaboration is further bolstered by Eurobank establishing a representative office in Mumbai. This marks the first physical presence of a Greek and Cypriot bank in India. The establishment of Eurobank's office is intended to facilitate cross-border corporate transactions and investments between India and Europe, deepening financial connectivity between the two regions.

The combined services from both companies are designed to create an integrated ecosystem spanning travel services, financial services, and cross-border investments. This synergy is aimed at benefiting from the broader India-Europe growth potential, particularly following the India-EU Free Trade Agreement concluded in January 2026, which establishes a trade zone covering nearly 2 billion people and accounting for 25% of global GDP.

Indiver Rastogi, President & Group Head - Global Business Travel, Thomas Cook (India) Ltd., highlighted the importance of the combined effort. "Our entry into Cyprus last year marked a significant milestone in Thomas Cook India's international growth journey and strengthened our ability to service clients across the European Union region. Combined with Eurobank's growing presence in India, this creates a strong ecosystem for Indian enterprises looking at Europe as a growth market. By combining our on-ground operations in Cyprus with Eurobank's cross-border financial expertise, we are well positioned to facilitate seamless business mobility and support enterprises with integrated travel and business solutions across the EU region."

Michalis Louis, CEO, Eurobank Ltd., stated that the establishment of the India representative office in Mumbai reflects the growing importance of economic ties between India and Europe. "We see a powerful opportunity to collaborate with Thomas Cook India (via their Cyprus subsidiary TCI Euro) to support Indian enterprises operating in or planning expansion across the EU region."

THOMASCOOK Stock Price Movement​

Shares of Thomas Cook (India) Limited are rallying as of 2:06 PM, climbing 2.43% to hit ₹93.12. The stock has seen significant trading action today, processing over 1.61 million shares.