New York, London, Munich, Zug – September 7, 2022 – DataArt, a global software engineering firm, today announced the opening of a new office in Cyprus. Backed by Invest Cyprus, the country’s investment promotion agency, DataArt is currently onboarding more than 50 employees to a new location in Nicosia and plans to create new IT job opportunities, hiring as many as 50 tech professionals locally.
George Campanellas, Chief Executive of Invest Cyprus, said:
"It is a great pleasure to welcome DataArt, a proven global leader in the field of technology, to Cyprus. ICT companies now employ almost 10,000 people in Cyprus and this decision is further evidence of our capacity to attract internationally renowned technology companies and tech professionals.”
Commenting on the decision, Ilya Aristov, Head of DataArt Cyprus, said:
“Cyprus provides an ideal platform to strengthen our European footprint and access new markets. New procedures for foreign companies made it easier for us to relocate our staff to the island and access to local highly skilled talent is a bonus. Invest Cyprus has been an excellent partner in this process throughout, providing us with everything we needed to jump-start our business.”
Campanellas continuted:
“The global shortage of digital tech talent continues to impact the tech industry, so it is not surprising that progressive companies like DataArt, which prioritize attracting new talent, are looking beyond traditional pools of candidates. Cyprus has made great efforts to respond to investors in the local business community, including removing immigration obstacles for STEM qualified third-party nationals and their families. Newly launched university courses will increase the availability of tech talent locally and put Cyprus on the map for desirable careers in tech.”
Interest in Cyprus from technology companies continues to grow, transforming the country’s tech sector into a key pillar of economic growth. Cyprus’s geographical location, at the crossroads of Europe, Asia, and Africa, as well as its highly skilled, multi-lingual workforce, robust legal framework, and business friendly environment, makes it the ideal investment destination for tech and business.
