Cyta Hellas

Cyta HellasInactive

http://www.cyta.gr
https://www.linkedin.com/company/cyta-hellas/

2024 Revenue

Founded

2007

Headcount

120

Headquarters

Greece

Primary Segment

-

Ownership

Privately Owned

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Aug

11th

2026

06:30

Partnerships and Alliances, B2B Tag, Partnerships

Maintenance agreement signed for Syria-Cyprus cable

Three companies – UNIFI Communications, Syrian Telecom, and CYTA – have signed a construction and maintenance agreement for UGARIT 2 – a new subsea cable that, at the outset, will connect Syria to Lebanon and Cyprus.

Developing Telecoms

Aug

7th

2026

06:30

Management Changes, Regulatory and Legal, B2B Tag, Management Changes

Advisory Council under fire for rubber stamping semi-govt appointments

The operation of the advisory council came under scrutiny on Friday after Akel accused the body of being bypassed during the appointment of semi-state organisation boards. Institutions Committee chairman and Disy MP Demetris Demetriou said the matter had been registered after “the issue that arose at Cyta and the information regarding appointments of individuals without applying”.

Jul

31st

2026

04:30

Events, Awards and Recognitions, B2B Tag, Award Wins, Events and Conferences

Cyprus Business Now: Cyta, tourism, CBC, unemployment, BoC, pensions, energy

The Cyta board of directors on Thursday presented its report covering its February 2024 to July 2026 term, describing the period as one marked by major transformation, strategic reforms and significant investments aimed at strengthening the organisation’s role in Cyprus’ digital future.

Agriculture Industry Today

Jul

30th

2026

03:30

Capital Investment, B2B Tag, Investments, Digital Transformation Initiatives

Cyta reports major investments and digital overhaul

Board points to stronger finances and digital progress The Cyta board of directors on Thursday presented its report covering its February 2024 to July 2026 term, describing the period as one marked by major transformation, strategic reforms and significant investments aimed at strengthening the organisation’s role in Cyprus’ digital future.

Jul

8th

2026

15:35

B2B Tag, Mergers and Acquisitions, Facility Expansion

Cyta to build Cyprus' largest privately owned data center after RedMax acquisition

Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas.

Kathimerini Greece

Jul

8th

2026

02:01

Cyta to acquire RedMax Data Centre as Cyprus growth slows in first quarter of 2026

Latsia, Cyprus. Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, with plans to expand and upgrade the facility in phases. The move comes as new data showed Cyprus’ economic growth slowed in the first quarter of 2026, while tourism activity in 2025 remained concentrated in the summer months.

Jul

7th

2026

05:05

Cyta to acquire RedMax Data Centre in Nicosia

Cypriot telecommunications provider Cyta has signed an agreement to acquire the RedMax Data Centre, located in the Latsia industrial area of Nicosia. No financial details related to the transaction have been disclosed. The deal also includes plans for the gradual expansion and upgrade of the facility, with the first phase scheduled to begin commercial operations in early 2027.

Jul

2nd

2026

01:45

Partnerships and Alliances, B2B Tag

AUB Mediterraneo and Cyta forge strategic partnership for innovation

The American University of Beirut – Mediterraneo (AUB Mediterraneo) and Cyta have signed a memorandum of understanding (MoU) aimed at bringing academia and industry closer together, with a focus on innovation, research and hands-on learning in Cyprus.

Jul

2nd

2026

01:00

Events, Emerging Tech, Artificial Intelligence, B2B Tag

The appetite is there—Now it's time for decisions: AI Leadership Circle shows real value will depend on strategy and speed

Artificial intelligence has now moved beyond the stage of curiosity and into the realm of business decision-making. The question is no longer whether organisations will embrace AI, but how quickly—and with what strategy—they will succeed in transforming its capabilities, and their appetite for adoption, into a competitive advantage.

Cyprus Business News

Jun

24th

2026

01:00

Cyprus acts to stem solar energy waste

The signing of contracts for Cyprus’ first central electricity storage systems marks a major step toward reducing the solar energy that is currently being wasted from both residential and commercial photovoltaic systems. The project involves the installation of three battery storage systems with a combined capacity of 120MW by the Cyprus Transmission System Operator (TSO).

Jun

9th

2026

08:13

Events, ESG, B2B Tag

Cyta hosts forum on responsible governance in Cyprus

Telecommunications provider Cyta on Tuesday held a conference in Nicosia on responsible governance, bringing together representatives from the state, the business community, organisations and the media to discuss the role of corporate governance in strengthening trust, accountability and value creation.

Jun

4th

2026

01:00

Smart meter rollout continues across Cyprus

The electricity authority (EAC) will continue ti install smart electricity meters across the island throughout the month of June, it said on Thursday. In Nicosia, installations will target the Strovolos industrial area, the residential area west of the GSP stadium up to Alexandroupoli Street, and sections along Iosif Hadjiosif Avenue, Stavrou avenue, and Athens Avenue.

Analyst insight reports

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Buying better media tech

How digital signage, retail media and programmatic are fueling the DOOH growth

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