The winners of the 15th IN Business Awards

The IN Business Awards once again rewarded the best of the best in the Cypriot business scene, as the ultimate annual event that highlights the local companies, large and small, products and services but also individuals who are excelling, in Cyprus and abroad.

The grand ceremony took place on Wednesday night at the Hilton Nicosia hotel for the 15th consecutive year. In total, 14 awards were delivered in the presence of President Nikos Christodoulides, state and other officials, as well as the local business elite.

Read more:

15th IN Business Awards: The night in pictures

ΙN Βusiness Awards: Lifetime Achievement Award for Christos Mavrellis

ΙN Βusiness Awards: Alexey Gubarev wins Editor’s Choice Award (video)

ΙN Βusiness Awards: BMW Excellence Award to Demetrios Zoppos

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The winners of the 15th IN Business Awards

Small and medium sized enterprises (SME)

Kyperounta Winery was the winner of the “SME” category. The award was presented by GAP Vassilopoulos.



Alambra - Petrou Bros Dairy Products Ltd won the award for “Best Retail Business”.



Odyssey Cybersecurity was the winner of the “Best Services” award.



Ayia Napa Marina was the winner under the “Tourism-Hotels-Leisure-Dining” category.


Best Workplace / Employer of Choice

Online media company TheSoul Publishing won the “Best Workplace / Employer of Choice” award.


Real Estate & Construction

The “Real Estate & Construction” award went to Oikos Group.


Corporate Social Responsibility (ESG-CSR)

OPAP Cyprus won the award for Corporate Social Responsibility (ESG-CSR), which was presented by LIDL Cyprus.


Best Customer Service

The “Best Customer Service” award went to Zorbas Bakeries.


Business Innovation

Elias Neocleous & Co. LLC was the winner of the “Business Innovation” award, which was presented by Gan Direct.


Manager (In memory of Andy Hadjicostis)

The “Manager (In memory of Andy Hadjicostis)” award went to Marios Kapiris, Director of Kyndryl Cyprus.



Multi-retailer Jumbo was the winner of the Best Business Award, which was presented by Demetriades Handling (member of the Demetriades Group).


The honorary awards

BMW Excellence Award

The honorary “BMW Excellence Award: Cypriot entrepreneur/professional excelling abroad” went to Demetrios Zoppos, co-founder of the 33East investment fund.


Editor’s Choice Award

The “Editor’s Choice” honorary award was handed to Alexey Gubarev, co-founder of TechIsland, Board of Directors member of Palta and founder of


Lifetime Achievement Award

The honorary “Lifetime Achievement Award” went to Christos Mavrellis, Senior Partner at Chrysses Demetriades & Co. LLC and Chairman of the Cyprus Gaming and Casino Supervision Commission.


The 15th IN Business Awards were presented by European University Cyprus.

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