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PAPHOS, Cyprus – Cyprus’ attraction for IT corporations has lured a serious Czech software program firm, JetBrains, which stated it has arrange a headquarters and relocated 220 employees members to Paphos and Limassol and plans so as to add 80 extra.
The corporate develops instruments for software program builders and challenge managers, the transfer drawing accolades from Make investments Cyprus amid hopes that different corporations would discover the island nation enticing as nicely.
Make investments Cyprus Chief Government Officer, George Campanellas stated it’s “very eager to assist corporations as they scale and develop, and it’s encouraging to see employers similar to JetBrains understand that Cyprus offers them the flexibility to develop additional,” stated The Cyprus Mail.
“The funding by JetBrains can be additional proof that Cyprus is changing into a number one vacation spot for tech corporations within the European Union,” he added with the COVID-19 pandemic waning and buyers trying round.
“Know-how corporations are interested in Cyprus due to the incentives supplied and the general setting are each conducive to rising our operations and clientele,” he stated.
JetBrains CEO Maxim Shafirov stated that, “The help we obtained from Make investments Cyprus means all the things was made a lot simpler, and the transition for the corporate and its staff has been easy.”
Campanellas added that “because the nationwide authority chargeable for attracting overseas funding and offering certainty to overseas corporations working in Cyprus, we’re dedicating all our vitality to this mission. Regardless of adversarial worldwide situations, the ICT output exceeded 1.9 billion euros in 2021, and we’re optimistic that it will likely be even larger by the top of this yr.”
Based in 2000, JetBrains, stated its web site, “strives to make the strongest, handiest developer instruments on earth.” Their instruments velocity up manufacturing by automating routine checks and corrections, liberating builders to develop, uncover and create, the paper stated.
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