**BrainRocket Closes Limassol Offices, Ending Major Operations in Cyprus**
BrainRocket, one of the largest technology employers in Cyprus, has officially closed its offices in Limassol, marking a significant reduction in its presence on the island. The closure, which reportedly took place over the past month, affects all of the company's leased facilities in the city, with signs removed from at least two locations.
According to reports by Politis, most of the remaining employees were offered relocation packages to move abroad, primarily to Spain, where BrainRocket maintains additional offices. Those who remain in Cyprus have been instructed to work remotely until further notice. A small number of employees may continue with businesses under the Soft2Bet group or other affiliated companies, but the main operation of BrainRocket in Cyprus appears to have ceased.
The decision to close the Limassol offices follows a gradual withdrawal that began in the summer of 2025, when BrainRocket initiated the transfer of much of its business operations from Cyprus to Valencia, Spain. At that time, the company employed approximately 1,500 individuals in Cyprus, with more than 1,000 employees impacted by the restructuring process. Many were offered relocation packages, primarily to Valencia, while some operations were also expected to shift to Malta.
Throughout this transition, a significant number of foreign employees accepted relocation offers and departed from Cyprus. Meanwhile, those who opted to stay found employment opportunities with other technology and foreign-exchange companies in Limassol, where there remains a strong demand for skilled workers.
In late August 2025, there were indications that BrainRocket might retain a substantial operation in Cyprus following discussions with President Nikos Christodoulides. Reports suggested that the company would replace employees who relocated abroad through new recruitment efforts in Cyprus, allowing it to maintain a similar local headcount. However, these expectations did not materialize, as staff continued to leave and operations shifted increasingly overseas.
The trend was reflected in the company's recruitment activities, which began to focus primarily on vacancies in Valencia. Many of these positions required successful applicants to relocate to Spain, with incentives including flight arrangements and temporary accommodation.
Despite the significant changes, BrainRocket's official website still lists Cyprus among its operational locations and features an address on Makarios III Avenue in Limassol. As of now, the company has not publicly confirmed its complete withdrawal from Cyprus. However, the closure of its premises, the removal of signage, and the relocation of its remaining workforce strongly suggest the end of BrainRocket's large-scale operations in the region.
The closure of BrainRocket's Limassol offices represents a notable shift in the technology landscape of Cyprus, where the company had been a major employer. The impact of this decision on the local economy and the technology sector remains to be seen, as former employees and industry observers assess the implications of the company's exit.