SWORD Group receives Invest Cyprus International Investment Award
21:56 - 09 July 2025

International consulting, service and software company SWORD Group, which recently established a Nicosia office, has been recognised for its contribution to the island at the 13th Invest Cyprus International Investment Awards presented by PwC Cyprus.
The award was received by George Hasapakos, Business Development Director, Sword Group Cyprus, after being presented to him by Maria Ioannou, Business Development Junior Director at Eccombx and the Chairman of the Cyprus Securities and Exchange Commission George Theocharides.
SWORD Group is an international Consulting, Service and Software company driving global leaders in their digital & technology transformation. Formed in November 2000, with headquarters in Luxembourg, the Group has a current headcount of more than 3,300 employees from its offices in 17 countries, with staff operating for clients in more than 50 countries.
SWORD provides customers with skilled and highly experienced IT professionals for solution development and software engineering, as well as staff augmentation to support project teams. As a system integrator and consulting firm, SWORD delivers a range of specialized, high-value solutions and services, helping its partners streamline their business operations, improve quality and reduce costs. These include Digital Transformation, IT Consulting Services, Custom Software Development, Data Analytics, Cloud Solutions, Training and Support.
Sword Group’s decision to establish an office in Nicosia has strengthened Cyprus’ standing as a key technology hub within the European market. The office is already operational, staffed with 14 team members. This move aligns with our objective to provide existing European clients with an alternative location for Nearshore Support and Services. Moreover, Cyprus offers an extensive network of double tax treaties, enabling companies to avoid double taxation - an important advantage for international tech firms.
Paying tribute to international investors for their contribution
The 13th Invest Cyprus International Investment Awards pay tribute to major international investors for their contribution to Cyprus and its economy.
The 13th Invest Cyprus International Investment Awards are presented by PwC Cyprus, with the generous support of Elite Sponsor Eurobank, Strategic Partner Cyta Business, and Gold Sponsors Ecommbx and Lanitis Group.
Hosted by GOLD magazine and organised by Invest Cyprus, the official body the government has entrusted with the task of attracting foreign investment to Cyprus, the event is taking place under the auspices of the President of the Republic, Nikos Christodoulides.