Not that long ago the Cypriot building industry had a very difficult period. The financial crisis hit the country very hard and the National Bank of Cyprus had to take extreme measurements to save the country financially, this is locally known as ‘the haircut’ where every company and individual lost a lot of money. The economy collapsed and Cyprus went in recession with hardly any building or construction activities at all. The country has slowly recovered from the crisis resulting in new developments and bigger infrastructural projects, which have been announced. Some of these projects have already started. Although the number of building projects has not come back to the level from before the crisis the contracting companies have also planned new investments. One of them is the Cyfield Group, who has decided to build a new block plant in Nicosia, the capital city of Cyprus.
Contact
CYFIELD-NEMESIS GROUP Limassol Ave 132 2015 Nicosia, Cyprus T +357 22 493333, F +357 22 490499 www.cyfieldgroup.com A. KOUTOUSIS INDUSTRIAL EQUIPMENT & CONSTRUCTIONS S.A. Tatoiou ave 352-358, Acharnes, Attikis. 136 77, Greece T +30 210 8076940, F +30 210 8077045 PRANOVIA LTD Str. Amathounto 6, Flat 102, 2020 Strovolos, Cyprus T +357 22 751714, F +357 22 752467 www.pranovia.com Hess Group GmbH Freier-Grund-Straße 123, 57299 Burbach-Wahlbach, Germany T +49 2736 497 60, F +49 2736 497 6620 info@hessgroup.com, www.hessgroup.com myWood Polomka Timber s.r.o. Osloboditel'ov 50, 97666 Polomka, Slovak Republic T +49 9853 3855 521, + 41 79 508 88 29 UPplus@mywood.de, www.mywood.de Rotho Robert Thomas Metall- und Elektrowerke GmbH & Co. KG Hellerstraße 6, 57290 Neunkirchen, Germany T +4927357880, , F +492735788559 sales@rotho.de, www.rotho.de Würschum GmbH Hedelfinger Straße 33, 73760 Ostfildern, Germany T +49 711 448130, F +49 711 4481340 info@wuerschum.com, www.wuerschum.com
