PwC HQ in new hi-tech building in Nicosia
PwC Cyprus, the leading audit and advisory firm in terms of staff, has moved most of its Nicosia workforce to a new headquarters building on Demostheni Severi Ave., near the Presidential Palace and adjacent to the landmark Wargaming tower.
The firm recently announced a 3% rise in revenues to EUR 79.5 mln, trailing the 6% growth rate in central and eastern Europe, 8% in western Europe and 10% worldwide for the fiscal year 2015.
The new building is owned by developers Cyfield and PwC has secured a long-term lease. Cyfield’s architects designed the shell while PwC’s architects Alexis Vafeades and George Stamatiou designed the interior in accordance with work-area concepts developed by PwC UK.
The new building accommodates about 600 of the 700 people working in Nicosia, with a further 200 staff in PwC offices in other towns.
The move started on September 21 and was completed on October 5. All other buildings housing PwC offices in Nicosia will be vacated except for two floors in Julia House on Them. Dervis Street.
The company said in an announcement that “the building is designed in a way to support and promote team-work, collaboration and alternative methods of work in high level working conditions. For this reason, we have utilised the international experience of PwC applying ideas and best practices from offices of our network in various European countries like the United Kingdom.”
“Thanks to the interior design system, employees are able to choose different workplaces, depending on the need that arises. This is an international effective and efficient approach to managing space that allows organisations to contain their operating costs, reduce their carbon footprint and provide their employees with the flexibility they need.”
In an effort to promote alternative methods of commuting to work, there is a special parking area for bicycles as well as other facilities for employees.
The new PwC HQ building also includes the sixth Caffe Nero outlet in Cyprus, operated by franchise experts PHC Group that said “more openings” are expected by the end of 2015, while it’s affiliate company is already recruiting staff for the first Burger King restaurant to re-open in Nicosia after five years.