PwC HQ in new hi-tech build­ing in Ni­cosia

Financial Mirror (Cyprus) - - FRONT PAGE -

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.

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