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Nicosia

Cyfield Group

FlagshipDeep-researched
cyfieldgroup.com
19 documented items

This is factual material from public sources, collected by the editorial team — not the opinion of an expert, not a financial rating, and not a "good/bad developer" judgment. Mentions of court cases, investigations, or individual findings below are not an accusation of wrongdoing; see the legal disclaimer for more.

Portfolio scale

Founded
1990
Claimed projects
one of the largest in the country
Shown in dataset
9

~600 employees; Cyprus/Greece/Egypt; Class A + energy

Scala: Cyfield

Contact information

Address
132 Limassol Avenue, Strovolos, Nicosia 2015
City
Nicosia
Opening hours
Founded
1990

Projects (9)

360 Nicosia (135 m)

Nicosia

A 135 m high-rise tower in Nicosia — the tallest building in the capital.

Limassol Arena / Alphamega Stadium (government contract)

Kolossi, Limassol

A football stadium (Alphamega Stadium) in Kolossi, Limassol, with a capacity of about 10,300 seats; built under a government contract (Cyfield-Neophytou JV) with a budget of €31.3 million.

The Arc-Ship (17 floors)

Limassol

A 17-floor high-rise tower called 'The Arc-Ship' in Limassol.

Atlantis (Larnaca, Mackenzie)

Larnaca, Mackenzie Beach

A residential apartment complex near Mackenzie Beach in Larnaca, used as short-term rental apartments.

Althea (Larnaca, Mackenzie)

Larnaca, Mackenzie Beach

A residential complex of 33 apartments near Mackenzie Beach in Larnaca.

Mari Power Plant (PEC, CCGT 260 MW, €200 million)

Mari/Vasiliko

A combined-cycle gas turbine (CCGT) power plant with a capacity of 260 MW at Mari/Vasiliko, with a stated project cost of about €200 million.

Nicosia Ring Road (A22, public contract)

Nicosia

Construction of the ring road around Nicosia (A22) under a government contract; the first phase opened in 08.2024, with a Phase B3 contract running through 07.2028.

Paphos-Polis Highway (tender bid, public contract)

Paphos-Polis

Cyfield's tender bid for construction of the Paphos-Polis highway (~€125m); the tender's outcome has not yet been announced.

TEPAK Marine Sciences School (Mackenzie, Larnaca)

Larnaca, Mackenzie area

Construction of a new building for the School of Marine Sciences, Technology and Sustainable Development of TEPAK in the Mackenzie area of Larnaca (~€12m).

Extended dossier

Corporate structure

Founded
1990 (HE38949, registered 06.02.1990)
Legal entityRegistrationAddress / note
Cyfield Development Public LimitedHE38949parent company, registered 06.02.1990
Cyfield Construction LimitedHE135983registered 31.01.2003
Cyfield Energy LimitedHE402273registered 20.09.2019; P.E.C. PowerEnergy (Mari power plant)
Nemesis Development LimitedHE127546contracting entity, acquired ~2001
Cyfield Lefkosia Development LimitedHE310299registered 08.08.2012, active; the connection to the group's main legal entities is confirmed by branding and a matching registered-address pattern, but not independently detailed further
Cyfield CH87 LimitedHE359453registered 26.08.2016, active; same caveat regarding a connection to the group that is not independently detailed further
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