US Technology Companies Explore Cyprus As EU Expansion Base

US Tech Firms Embrace Cyprus As Strategic Gateway For European Expansion

Invest Cyprus hosted a closed-door roundtable in Washington, D.C. on May 4 in partnership with fDi Intelligence and Financial Times to promote Cyprus as a destination for technology investment and European expansion. Discussions focused on the island’s growing technology sector, regulatory framework and positioning as an entry point into the European Union.

Insights On FDI Shifts And Europe’s Investment Landscape

Participants examined changing foreign direct investment trends and how companies are reassessing European expansion strategies amid evolving regulatory and geopolitical conditions. Cyprus was presented as a jurisdiction offering access to the EU market alongside legal, tax and operational structures aimed at attracting international businesses.

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Building A Robust Ecosystem For Innovation

Industry executives, investors and startup founders attended the event, which was moderated by Danielle Myles. Nicodemos Damianou said the government continues prioritising policies designed to strengthen the country’s innovation and technology ecosystem.

Concrete Developments And Strategic Partnerships

Recent developments highlighted during the discussion included expansion by Tenstorrent, the launch of the Plug and Play Tech Center presence in Cyprus and a partnership involving NVIDIA focused on national supercomputing capabilities. Lia Riris said information and communication technology remains one of the country’s fastest-growing economic sectors.

Securing An EU Base With Transparent Governance

According to Riris, technology companies are increasingly seeking European bases that combine regulatory clarity, legal stability and government support for investment. Officials said Cyprus aims to position itself as a long-term operational hub for international firms expanding across Europe.

Leveraging Global Platforms For Promotion

Alongside the Washington roundtable, Invest Cyprus also participated in the SelectUSA Investment Summit, where representatives met with companies evaluating international expansion opportunities. Participation in global investment events forms part of broader efforts to strengthen Cyprus’ profile as a regional technology and investment centre.

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Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

by News Editor

May 26, 2026

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

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“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.

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