Insider Business Quantuma to support businesses in Cyprus

Quantuma to support businesses in Cyprus

The leading British business advisory firm Quantuma, which offers solutions to businesses and individuals with financial challenges and operational aspirations, is expanding to Cyprus.

The company will be led in Cyprus by Quantuma partners Andrew Andronikou and Constantinos Ioannou who have extensive knowledge of the Cypriot market and years of experience in corporate recovery and restructuring.

“There is a real need for these type of services” according to Andrew Andronikou, who stressed that Quantuma’s presence in Cyprus, with offices in Nicosia and Paphos, offers local businesses the opportunity to utilise an international network of expertise and experience.

“Many of the problems faced by several companies are the result of the delay in seeking rational and realistic solutions” adds Constantinos Ioannou, who suggests that most of the problems faced by Cypriot businesses are due to the delay in seeking expert assistance.

“The traces of the economic crisis are still strong in Cyprus and for this reason there is a real need to support businesses so that they can stand on their feet again” according to Quantuma’s Managing Partner Carl Jackson.

UK headquartered Quantuma operates from a number of major cities including London, Manchester, Birmingham and Southampton.  The firm showed strong growth figures over the last year with turnover rising to £10.4m [€11.5m] in the 12 months to 31 March 2018 – the fifth consecutive year of double-digit revenue growth. The company has also expanded its headcount to 140, up 45 per cent on the previous year. Its expansion to Cyprus is part of a broader strategy to internationalise its activities.

Quantuma’s central office in Cyprus is on 32 Stasikratous Street, 4th Floor, Office 401, Nicosia 1065. Telephone: 22668021, email: [email protected], www.quantuma.com.

 

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