Our mission is to create projects that benefit individuals and corporations and define the way forward, while establishing a lasting positive impact on our community.
Cyfield is an ever-renewing group, capitalizing on opportunities, adapting rapidly to changes and challenges in the marketplace, and delivering enduring results for our clients and community. We are proud to embark on innovative ventures and break new grounds with pioneering projects to become one of the Region’s leaders in the real estate development, infrastructure construction, and energy.
In 1990, Cyfield started as a real estate development and construction company. It gradually grew and evolved into a leading and successful developer and contractor by building selective residential and commercial projects.
In the early 2000s, Cyfield acquired a long-established contracting company with a significant experience in the construction of infrastructure projects. This acquisition with its combined strength in all fields of construction and engineering brought additional value multiplied the Cyfield’s capabilities.
Over the years, we have grown into an integrated group that ranks as a key player in the construction industry. We continue to grow as one of the largest construction companies with a long list of executed projects in our portfolio, technical experience and financial strength.
Cyfield is a Class A contractor for all types of building and infrastructure projects, as well as high-rise building expert for residential and commercial projects in the countries we operate in. We have been a pioneer development company, setting the way forward by constantly establishing new architectural trends, introducing new technologies and offering building quality and customer service.
During the past few years we have moved into energy production, first by building solar power plants and more recently developing and building the first private thermal power plant in Cyprus, probably one of the largest private projects on the island.
Our fully-integrated structure managed by highly qualified and experienced professionals at every level supplemented by an array of latest technology machinery and supporting departments, enables us to streamline and optimize our operation by ensuring proper project execution under strict quality and performance standards.
We are a family business and by combining the family values with the standards of a sophisticated enterprise we have developed a distinct corporate culture that gives us our unique competitive edge.
We put clients’ interests ahead of ours. Our clients come first for everyone in the organization.
We have individual approach with every client, associate and collaborator.
We deliver what we promise.
We honor our contractual obligations.
We are honest advisors to our clients. We built enduring relationship based on high ethical standards.
We strive to maintain our good reputation among our society.
We manage clients and company’s resources effectively.
We maximize productivity with the minimum resources.
We create an unrivaled environment for exceptional people. We invest in our Human Capital.
We are inclusive, meritocratic and welcome people of diverse backgrounds.
The Group’s beginnings: the establishment of Cyfield Development , a company specializing in land development and now the mother company of the whole Group.
In line with its vertical integration strategy, the Group established Curio Trading, a company that imports and markets building materials and sanitary ware.
Eurocyfield was established in Greece using the same successful strategy of Cyfield Development Public, designing and selling high-quality residential apartment and commercial buildings, thus creating a new market in Greece. Successful completion of dozens of projects led to broader interest which involves construction of schools and other public projects.
In a strategic move to diversify its activities into infrastructure construction projects, Cyfield acquired a majority stake (70%) in the public company Nemesis Construction.
To streamline its operation and maintain full control over the quality and completion of each project, the Group expanded into manufacturing and trading with the establishment and acquisition of a number of subsidiary companies dealing in the production and trading of asphalt, concrete, precast concrete products and other materials and related activities. This expansion process began with the establishment of Cyfield Beton and Cyfield Asphalt, strategically securing the supply of the two main materials of construction and infrastructure companies.
A quarry company, Mylonas Mitsero Quarries was acquired together with the corresponding mining privilege.
Two more companies were established, Peranco Precast Products Ltd that produces precast products and Nemesis Transportation that owns a truck fleet and deals with transportation and logistics.
The creation of Asphalt Petroleum completed the circle of material supplies with the importation and storage of bitumen, the key ingredient for the production of asphalt.
In an effort to expand the Group’s geographical market share and gain important synergies, a number of strategic alliances were formed with other construction companies leading in the establishment of a second quarry, Cyfield Quarries Ltd and the formation of a new asphalt plant, Cyfield Asphalt Ltd in Limassol.
Following some years of consolidation, the Group expands its contracting activities to Greece, with the awarding of the Paiania Project. At the same time Cyfield continues constructing buildings in the most prime locations of Athens.
In 2013 the Group enters the energy sector with the construction of photovoltaic parks as an inclusive EPC or EPCF provider.
The Group establishes its own office in Cairo, Egypt in a strategic move to expand its operations to this important neighboring country in the Middle East and was awarded its first Government Contract.
On Nicosia’s busiest street, in the center of the city, Cyfield builds the 360, the capital’s tallest landmark with 135 meters height and 34 floors. With breath-taking 360o views that stretch for miles around the city, this innovative construction brings a new lifestyle to the community.
In 2018 the group entered into energy generation with Power Energy Cyprus Ltd (PEC). The Group has begun the construction of the largest private conventional independent power station in Cyprus. Enerfield was established and licensed by CERA to provide lower priced electricity for Cypriot consumers.
The company has been awarded its 20th award. 2019, a year of pioneering new projects, new highly trained management and optimistic outlook of the future.
Cyfield has been granted with two global awards for the 360 project, The Luxury Lifestyle award and the European property award