Applying the strategy for expansion to all areas of the construction industry, the Group entered the construction of infrastructure and public works projects in 2002 by acquiring the majority shareholding of NEMESIS Construction Public Company Ltd, and integrating it in the Group.

Since its induction into the Cyfield Group, Nemesis Construction has grown into one of the biggest and most successful construction companies in Cyprus. It has been awarded many substantial projects which it has completed successfully.

Currently, the company is in the process of completing among others, a number of sewerage projects and pumping stations in Nicosia, Limassol and Paphos.

Following the same strategic path, spοn off its asphalt and road construction department into an autonomous construction company specialising in public and private road construction and asphalt laying works. Today Nemesis Asphalt Co Ltd owns and operates two factories for the production of asphalt produc ts for the needs of the Group as well as sales to other construction companies.

Nemesis Asphalt Co Ltd following the expansion course of the mother companies created two further Asphalt producing companies. With MEDCON Construction Ltd it created MEDCON NEMESIS ASPHALT LTD and together with MEDCON Construction Ltd and KYTHREOTIS Ltd it created MEDCON KYTHREOTIS NEMESIS ASPHALT, giving the Group a strategic geographical expansion to Limassol and access to all the areas of Cyprus.