Cyta Hellas

Cyta HellasInactive

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

Revenue

Founded

2007

Headcount

120

Headquarters

Greece

Primary Segment

-

Ownership

Privately Owned

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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.

May

10th

2026

23:00

Financial Results, B2B Tag

Cyprus Business Now: Bank of Cyprus, shipping, housing, Skroutz, shipping, Cyta

The Bank of Cyprus (BoC) on Monday reported a profit after tax of €121 million for the quarter ended March 31, 2026, supported by strong lending growth, resilient asset quality and robust capital generation. The bank also posted a return on tangible equity (ROTE) of 18.0 per cent during the first quarter of 2026, while basic earnings per share reached €0.28.

May

8th

2026

01:00

Management Changes, B2B Tag

George Metzakis officially becomes the CEO of Cyta

Cyta has officially announced the appointment of George Metzakis to the position of CEO, effective from today, Friday, 8 May, 2026. Metzakis joined Cyta in 2023 as Chief Commercial Officer. Since September 2025, he has also served as joint acting CEO, ensuring the operational continuity of the organisation.

Cyprus Business News

May

6th

2026

05:42

Business Expansion, B2B Tag

Cyta opens new flagship store in Larnaca city centre

Telecommunications provider Cyta on Wednesday announced the opening of a new retail store in central Larnaca, marking its return to the city centre with a focus on enhancing customer experience. The company stated that “the new modern store in Larnaca has been designed to provide an upgraded service environment for both residents and visitors in the wider area”.

Apr

29th

2026

18:30

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