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PwC Cyprus reaffirms long-term commitment to national investment growth

Cyprus Mail · 2026-07-13

AI SUMMARY

• What happened: PwC Cyprus served as the Platinum Sponsor for the 14th Invest Cyprus International Investment Awards, marking its thirteenth consecutive year of support for the event that honors international investors in Cyprus. • Why it matters: The awards highlight the contributions of international companies to the Cypriot economy and reinforce Cyprus's position as an attractive investment destination, showcasing the confidence of the global business community in the country's economic prospects. • What to watch next: Future developments in Cyprus's investment landscape, including potential collaborations among stakeholders to enhance the country's competitiveness and attract further foreign investment.

**PwC Cyprus Reaffirms Long-Term Commitment to National Investment Growth**

PwC Cyprus has once again demonstrated its commitment to fostering investment in the nation by serving as the Platinum Sponsor of the 14th Invest Cyprus International Investment Awards. This marks the thirteenth consecutive year that PwC Cyprus has supported this prestigious event, which plays a crucial role in recognizing the contributions of international investors to the Cypriot economy.

The awards ceremony, held under the auspices of the President of the Republic and organized by Invest Cyprus, aims to honor international companies and business leaders who have chosen to invest in Cyprus. These awards not only celebrate the achievements of these entities but also highlight the potential of Cyprus as an attractive destination for investment.

This year’s award recipients, which include notable names such as Accor, Kraken (a Payward company), SayGames, RECONIQ Software Ltd (part of the PLATH Group), Hartmann Group, Coral S.A. – Coral Cyprus, and Premium Access Cyprus, represent a diverse array of sectors. Their selection underscores the robustness and quality of the investment environment in Cyprus, reflecting the confidence that the international business community has in the country's economic prospects.

During the awards ceremony, PwC Cyprus CEO Andreas Yiasemides addressed the audience, emphasizing the significant strides that Cyprus has made in establishing itself as a credible and appealing investment destination. He noted that the true strength of the country lies in its ability to adapt and evolve in response to changing economic landscapes.

Yiasemides highlighted the critical role that foreign investment plays in the growth of Cyprus, stating, “Attracting investments that create long-term value, drive innovation, and strengthen Cyprus’ competitiveness is essential.” He called for enhanced collaboration among all stakeholders to further solidify the country’s position as a prime investment destination.

In his remarks, Yiasemides referred to the award recipients as "valuable ambassadors for Cyprus." He acknowledged that their activities and the confidence they have in the country contribute significantly to its progress, international reputation, and expanding presence on the global stage.

PwC Cyprus’ ongoing support for the Invest Cyprus International Investment Awards aligns with its broader mission of building trust and fostering long-term, sustainable value. The organization is dedicated to initiatives that promote entrepreneurship, investment, and the overall competitiveness of Cyprus.

The Invest Cyprus International Investment Awards serve as a platform to celebrate the achievements of businesses that have recognized the potential of Cyprus and have chosen to invest in its future. By honoring these companies, the awards not only acknowledge their contributions but also inspire further investment and economic development within the country.

As Cyprus continues to navigate the complexities of the global economy, the role of organizations like PwC Cyprus becomes increasingly important. Their commitment to supporting initiatives that promote investment and economic growth is essential for the ongoing development of a modern, resilient, and competitive economy in Cyprus.

In conclusion, the 14th Invest Cyprus International Investment Awards not only celebrated the successes of various international companies but also reaffirmed the collective commitment to driving investment growth in Cyprus. With continued support from key stakeholders like PwC Cyprus, the future of the Cypriot economy appears promising, as it seeks to enhance its appeal as a leading investment destination in the region.

Source: Cyprus Mail
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