Transfer of 150 employees in connection with the opening of an office of an American software company in Cyprus

The opening of the office was the first step in Cyprus's efforts to become a European technology center.

On Wednesday, the national investment agency Invest Cyprus said it was positive about the opening of the office of the American company Wrike. The statement also says that such a decision only proves the developing status of Cyprus as a "technological island" in Europe.

The Wrike Company specializes in project management using its software. It is known that at the initial stage, 150 employees will work in the capital office of the company. Among them are specialists from the marketing and customer support departments, as well as the engineering and finance departments. The move can be called the fastest in the entire existence of the company.

The agency emphasizes that Wrike chose Nicosia as the ideal location for its headquarters in Cyprus. The office will be located in a new category A building, which operates in an energy-efficient mode.

George Campanellas, CEO of Invest Cyprus, stressed that Cyprus is an ideal place to strengthen activity in the European direction and the company's entry into new markets. And opening Wrike will only highlight the situation.He added that the company is becoming part of the ecosystem of Cyprus, which is developing on a technological path.

In addition, he noted that this once again shows the correctness of the chosen strategy for the development of technological and innovative spheres. Soon, the island will become a business and entrepreneurial center.

The founder and CEO of Wrike, Andrey Filev, highlighted the advantages of Cyprus, which distinguish it from other investment areas. He noted that now the company's goal will be to form a work management platform with maximum efficiency, since a good Cyprus jurisdiction contributes to such a solution.

In addition, Andrey Filev highlighted the assistance from Invest Cyprus, noting its professionalism and value. He expressed hope for the development of Cyprus as one of the largest European technology centers. Filev said that Invest Cyprus as a partner will help bring the company to the leaders of the international market.

Campanellas assured that Invest Cyprus will support other companies that plan to develop business in Cyprus, despite the global economic situation. He noted that Wrike's decision demonstrated not only the trust of partners, but also the high level of development of the country's economy.

As a result, Campanellas highlighted the advantages that companies receive by opening a business on the island, in particular, a favorable location and climate, as well as highly qualified employees.