# Companies with in-house R&D headquartered in Cyprus

Tamtam tracks 26 companies with in-house R&D headquartered in Cyprus. This list ranks all of them by number of employees on LinkedIn, led by Exness, EMU and Medochemie Ltd. Their median headcount is 352. Half of them were founded in 2005 or later. The most common headquarters are Limassol (11) and Nicosia (4).

These companies with in-house R&D in Cyprus are mostly mid-sized to large organizations, with a strong presence in financial services, software development, and computer games. Several firms specialize in digital products and services. For example, Exness is a global multi-asset broker, and Nexters develops international games for mobile and desktop. Omilia provides human-like communication technologies for customer care, while Quadcode offers a SaaS trading platform.

A notable pattern among these companies is their concentration in Limassol, which hosts a significant number of headquarters, including Exness, Medochemie Ltd, and RETAL. Another trend is the strong representation of companies founded in the 2010s, such as Exness (2008), Nexters (2010), and Easybrain (2016), indicating a relatively recent growth in certain sectors.

🇨🇾 Cyprus · 26 companies · Updated Nov 12, 2026

| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [Exness](https://www.tamtam.ai/c/exness) (exness-careers.com)<br>Global multi-asset broker founded in 2008, offering better-than-market conditions for online trading of currencies, crypto, stocks, and more | Financial Services | 🇨🇾 Limassol | 7,209 | 2008 |
| 2 | [EMU](https://www.tamtam.ai/c/emu) (emu.edu.tr)<br>The company envisions itself as a leading academic institution in the Eastern Mediterranean, Middle East, and North African regions, focusing on education, research, and societal development | Higher Education | 🇨🇾 Famagusta | 1,077 | 1979 |
| 3 | [Medochemie Ltd](https://www.tamtam.ai/c/medochemie-ltd) (medochemie.com)<br>Global pharmaceutical company offering quality and affordable branded generic, super-generic, and patented drugs, with a focus on sustainability and innovation | Pharmaceutical Manufacturing | 🇨🇾 Limassol | 899 | 1976 |
| 4 | [Nexters ($GDEV)](https://www.tamtam.ai/c/nexters-gdev) (nexters.com)<br>An international game development company specializing in core gaming experiences for casual players on mobile and desktop, with hit games and plans for future growth | Computer Games | 🇨🇾 Larnaca | 510 | 2010 |
| 5 | [RETAL](https://www.tamtam.ai/c/retal-limassol) (retalgroup.com)<br>Multinational company producing PET and recycled PET preforms, containers, films, and closures with a strong focus on sustainability. | Packaging and Containers Manufacturing | 🇨🇾 Limassol | 496 | 1994 |
| 6 | [Omilia](https://www.tamtam.ai/c/omilia) (omilia.com)<br>A global leader in providing human-like human-to-machine communication technologies to improve customer care experience for large enterprises worldwide | Software Development | 🇨🇾 Larnaca | 485 | 2002 |
| 7 | [Mayflower](https://www.tamtam.ai/c/mayflower) (mayflower.work)<br>A FunTech company enhancing entertainment with cutting-edge technologies, global IT products, and a passion for innovation and user experience | Software Development | 🇨🇾 Limassol | 478 |  |
| 8 | [Remedica](https://www.tamtam.ai/c/remedica) (remedica.eu)<br>A leading pharmaceutical company specializing in high-quality, safe products for human use, with a global presence in over 160 countries | Pharmaceutical Manufacturing | 🇨🇾 Limassol | 421 | 1960 |
| 9 | [Room 8 Group](https://www.tamtam.ai/c/room-8-group) (room8group.com)<br>A global strategic partner specializing in external game development, co-development, art production, and QA solutions for top gaming publishers worldwide | Computer Games | 🇨🇾 Limassol | 391 | 2018 |
| 10 | [Strikerz Inc.](https://www.tamtam.ai/c/strikerz-inc) (strikerz.inc)<br>A global publisher with headquarters in Cyprus, providing content and services on a worldwide scale | Computer Games | 🇨🇾 Paphos | 382 | 2016 |
| 11 | [The Cyprus Institute](https://www.tamtam.ai/c/the-cyprus-institute) (cyi.ac.cy)<br>Company under CREF aims to advance knowledge through research and education, partnering with leading institutions to address global challenges in various fields | Higher Education | 🇨🇾 Nicosia | 378 | 2005 |
| 12 | [Quadcode](https://www.tamtam.ai/c/quadcode) (quadcode.com)<br>Fintech company offering financial products globally, specializing in brokerage activities and providing a SaaS trading platform to brokers worldwide | Software Development | 🇨🇾 Limassol | 373 |  |
| 13 | [Easybrain](https://www.tamtam.ai/c/easybrain) (easybrain.com)<br>A mobile game developer with over 15 billion downloads, known for market-leading puzzle and logic games, merged with Embracer Group in 2021 | Mobile Gaming Apps | 🇨🇾 Limassol | 352 | 2016 |
| 14 | [MURKA](https://www.tamtam.ai/c/murka) (murka.com)<br>An international game development company creating innovative social casino and casual games, acquired by Blackstone Group, with millions of players worldwide | Computer Games | 🇨🇾 Limassol | 337 | 2009 |
| 15 | [Playtech Sports](https://www.tamtam.ai/c/playtech-sports) (playtech.com)<br>A leading sports betting software provider offering turnkey solutions for operators worldwide, with a focus on innovation, customer service, and revenue maximization | Software Development | 🇨🇾 Nicosia | 314 |  |
| 16 | [THEON INTERNATIONAL](https://www.tamtam.ai/c/theon-international) (theon.com)<br>Specializing in night vision and thermal imaging systems, the company develops and manufactures these devices for armed forces, law enforcement, and vehicle manufacturers worldwide | Defense and Space Manufacturing | 🇨🇾 Lakatamia | 310 | 1997 |
| 17 | [Cyprus International University](https://www.tamtam.ai/c/cyprus-international-university-egkomi) (edu.tr)<br>A leading higher education institution with quality education, research opportunities, diverse student population from 110 countries, and modern campus infrastructure offering undergraduate, graduate, and doctoral programs | Higher Education | 🇨🇾 Nicosia | 278 |  |
| 18 | [B2Tech](https://www.tamtam.ai/c/b2tech)<br>A leading provider of online and offline gaming entertainment technology, offering innovative systems for the gaming and sports betting industry | Entertainment Providers | 🇨🇾 Agios Athanasios | 234 | 2022 |
| 19 | [Match-Trade Technologies](https://www.tamtam.ai/c/match-trade-technologies) (match-trade.com)<br>Integrated forex technology provider creating Match-Trader platform Offers server, APIs, White Labels, Client Office for Traders, Forex CRM for Brokers globally since 2013 | IT Services and IT Consulting | 🇨🇾 Limassol | 233 | 2013 |
| 20 | [Odyssey Cybersecurity](https://www.tamtam.ai/c/odyssey-cybersecurity) (odysseycs.com)<br>A global leader in Cybersecurity, Odyssey helps organizations build effective Cybersecurity Strategies, manage digital risks, and comply with regulations through diverse solutions and services | IT Services and IT Consulting | 🇨🇾 Strovolos | 182 | 2002 |
| 21 | [POTECH - "Paths of Technology"](https://www.tamtam.ai/c/potech-paths-of-technology) (potech.global)<br>Delivers global cybersecurity consulting, IT governance, and managed services alongside proprietary threat intelligence, incident response, and security information management platforms for diverse sectors. | IT Services and IT Consulting | 🇨🇾 Larnaca | 101 | 2002 |
| 22 | [Prisma Electronics](https://www.tamtam.ai/c/prisma-electronics) (prismael.com)<br>Designing, developing, and manufacturing advanced electronics, IT, and smart systems, offering technology-driven solutions across various sectors like agriculture, shipping, and defense globally. | Computers and Electronics Manufacturing | 🇨🇾 Alexandroupolis | 100 | 1991 |
| 23 | [eBOS](https://www.tamtam.ai/c/ebos) (ebos.com.cy)<br>Offers advanced RegTech solutions via WiseBOS Suite globally. Innovates in AI/ML, cybersecurity, blockchain, IoT, with significant R&D in EU projects. | Software Development | 🇨🇾 Nicosia | 89 | 2003 |
| 24 | [EMBIO Diagnostics](https://www.tamtam.ai/c/embio-diagnostics) (embiodiagnostics.eu)<br>A rapidly growing biotechnology company developing innovative, portable biosensor-based devices for rapid diagnostics in sectors such as food safety and healthcare | Biotechnology Research | 🇨🇾 Nicosia | 30 | 2016 |
| 25 | [QST Financial](https://www.tamtam.ai/c/qst-financial) (qstfin.com)<br>QST is a quantitative investment firm that uses statistical models and IT infrastructure to find and exploit market inefficiencies | Capital Markets | 🇨🇾 Limassol | 16 | 2008 |
| 26 | [SOCIAL INFINITE](https://www.tamtam.ai/c/social-infinite) (social-infinite.com)<br>An international games developer with over 3 million players, focusing on mobile market and creating popular titles played worldwide | Computer Games | 🇨🇾 Nicosia | 15 |  |

## How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 12, 2026.

## More company lists in Cyprus

- [The largest companies in Cyprus](https://www.tamtam.ai/l/largest-companies-cyprus) (346)
- [Multinational companies in Cyprus](https://www.tamtam.ai/l/multinational-companies-cyprus) (127)
- [Financial services firms in Cyprus](https://www.tamtam.ai/l/financial-services-firms-cyprus) (82)
- [Financial Services companies in Cyprus](https://www.tamtam.ai/l/financial-services-companies-cyprus) (79)
- [Companies with a mobile app in Cyprus](https://www.tamtam.ai/l/companies-with-mobile-app-cyprus) (46)
- [SaaS companies in Cyprus](https://www.tamtam.ai/l/saas-companies-cyprus) (34)
- [Software Development companies in Cyprus](https://www.tamtam.ai/l/software-development-companies-cyprus) (31)
- [IT Services and IT Consulting companies in Cyprus](https://www.tamtam.ai/l/it-services-and-it-consulting-companies-cyprus) (28)
- [Fintech companies in Cyprus](https://www.tamtam.ai/l/fintech-companies-cyprus) (26)

## The same list elsewhere

- [Companies with in-house R&D in the world](https://www.tamtam.ai/l/r-and-d-companies-in-the-world) (34,346)
- [Companies with in-house R&D in Europe](https://www.tamtam.ai/l/r-and-d-companies-in-europe) (20,169)

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Source: https://www.tamtam.ai/l/r-and-d-companies-cyprus