ICAP GROUP, THE LARGEST BUSINESS SERVICES GROUPS IN SOUTHEASTERN EUROPE,
EXPANDS OPERATIONS IN CYPRUS
With expected revenues of €89 million for 2018 and more than 1,100 employees, ICAP Group is the largest Business Services Group in Greece, with a strong presence in Southeastern Europe.
ICAP Group is expanding its business activity in Cyprus, offering a wide range of services grouped into three major Business Lines: Credit Risk Services (including consulting), Marketing & Sales Platforms and People Solutions (Human Capital).
As of May 2018, the Group’s fully owned subsidiary ICAP Cyprus will provide to the local market access to ICAP Group’s business data and innovative solutions, from its offices in Nicosia. In addition, through the Group’s exclusive representation of Dun & Bradstreet, the worldwide leader in Business Data, Credit Risk and Compliance Services, ICAP Cyprus will provide access to credit and marketing information on 280 million companies in 190 countries.
Nikitas Konstantellos, President and Group CEO of ICAP Group, noted: “We are very pleased that ICAP, expands its business activity in Cyprus. Through the operations of ICAP Cyprus, we will follow our vision for being our “Clients’ First Choice” by offering high value products and services already tested in Greece and other markets.
Yiannos Ashiotis, Managing Director of ICAP Cyprus, added: “We are excited to become members of ICAP Group’s family, having the opportunity to benefit from the long-lasting experience and expertise of ICAP, as well as to draw knowledge and best practices from the partnerships of the Group with leading international companies. Our mission is to provide high quality services to Financial Institutions and the business community in Cyprus, building strong and valuable relationships with our customers”.
For more information, see the whole Press Release.