Nicholas was born on the 22nd September 1980 in Nicosia. After completing secondary education and the obligatory military service, he proceeded to the UK where he studied at the University of Birmingham between the years 2001 and 2005.
He obtained a Masters of Engineering Honours degree in Civil Engineering with Management.
After the successful completion of his University education, Nicholas returned to Cyprus to start training at various engineering and architectural firms for the necessary accrediation in order to become a member of the Cyprus Technical Chamber as a registered Engineer.
Began working at the family company Tofarco in 2007, passing by all the departments that comprise the group, gradually rising as Head of Real Estate and Development Department and eventually being elected by the Board as Managing Director in 2012. His role focuses on developing a strategy for the development of the Company and with the coordination between departments and close monitoring of all work for the smooth progress of every day works.
In 2014 Nicholas was elected as a member of the Board of the Cyprus Land and Buildings Association, a member of the Employers and Industrialists Federation. He sits on several advisory boards and currently advises members of the executive and legislative branch of the Government for new innovations in Real Estate legislation and policy.He was re-elected as a member of the Board in November 2019.
In October 2018, the Council of Ministers of the Republic of Cyprus, appointed Nicholas as a member of the Board of the Cyprus Natural Gas Company (DEFA). The task of the company is to control all tasks and activities that will allow the import and distribution of natural gas in the whole of Cyprus with a primary aim in assisting in the production of electricity.
TOFARCO Group of which Mr. Tofarides is the Managing Director consists of:
Tofarco (HELLAS) SA (Greece)
Tofarco Properties Ltd
Tofarco Jason Ltd
Tofarco Klimentos Ltd
Tofarco Leoforos Ltd
Forte Trading Ltd
CPC Parking Ltd
ForteReal (Real Estates) Ltd