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The company has received support from the country's investment promotion agency Invest Cyprus, and is currently recruiting more than 50 employees to the new office location of Nicosia , the capital of Cyprus.
The company explained that it plans to create new jobs in the information technology sector, recruiting 50 new professionals of such professionals from the local talent pool. "We are very pleased to welcome DataArt, a recognized leader in technology, to Cyprus, in a statement."
"ICT currently employs more than 10,000 people in Cyprus, a decision further demonstrates our ability to attract internationally renowned technology companies and technical professionals," he added.
DataArt provides a wide range of information technology services, including digital solutions, legacy system modernization, solution design, cloud application development, machine learning and artificial intelligence , blockchain services, risk management, and business intelligence and consulting services.
In 2022, the company won 9 awards for its services, including Best Leadership Team, Best Diversity CEO, Best Female CEO, Best Human Resources Team, Best Product Design, Best Engineering Team, and Best Workplace in New York.
More importantly, The company was selected as the top 5,000 fastest growing companies in the United States in 2022. This is the eleventh time the company has been on the list of . The company's ranking represents a 116% growth rate.
The company is also included in the Comparably fifth list of career development companies of the year, which comes from ratings from millions of employees who have anonymously evaluated their career development opportunities on their websites for 12 months. Commenting on the decision to open a branch in Nicosia, Eugene Goland, CEO of
DataArt, said Cyprus provides an ideal platform to strengthen the company’s footprint in Europe and enter new markets.
"The new incentives for foreign companies make it easier for us to transfer our employees to the island, and getting local highly skilled talents is definitely a reward," Golan said.
"Invest Cyprus has been an excellent partner throughout the process, giving us everything we need to start our business," he added.
In addition, Campanellas noted that the continued growth of interest in Cypriot tech companies has transformed the industry into a key pillar of economic growth.
"The global shortage of talent continues to affect the tech industry, so it's no surprise that fast-growing companies like DataArt that focus on attracting new talents are moving beyond the traditional candidate population," Campanellas said.
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