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A proud history of successes in the contruction and civil engineering industry.

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Iacovou Group

IACOVOU GROUP is one of the leading building and civil engineering construction groups in Cyprus with a history of over 60 years in the construction sector.  It has successfully completed projects in Cyprus, Greece, UK and the middle east and has gained specialization through innovative construction methods in airport works, bridge and highway construction and other complex civil engineering jobs. The group is involved in all sectors of the construction industry, from concrete and asphalt production to high rise buildings next to the beach.

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Leading Contruction in Cyprus

The Core Business: Construction

Central to the Iacovou Group's operations is Iacovou Constructions - established over 60 years ago, and acknowledged as one of the country's leading building and civil enginerring companies. 


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13 Operating Companiesin 5 main activities

Since 1953 the group has expanded both locally and abroad.  It now consists of more than 13 operating companies covering an extensive part of the construction industry and controlling its own supply chain whist preserving the quality and worksmaship required.

Constructions learn more
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Development learn more
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Quarring and Mining learn more
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Investment and Bot learn more
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Production and Supply learn more
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Iacovou Quarries
Iacovou Brothers Quarries Ltd is the first mahor quarry of the the group and is based in Xylofagou and supplies aggregates to the Larnaca, Famagusta and Paralimni areas.
Iacovou Asphalt
Iacovou Asphalt uses  its three strategically placed asphalt plants to cover the supply of asphalt in the whole area of Cyprus and has successfully  completed projects of all sizes. The experience gained over the years allows the asphalt team to tackle any kind of project meeting any timeframe and quality st...
Iacovou Constructions
Over the years, the company has acquired a great depth of experience and can successfully deliver projects of any complexity and scale. The exprtise and problem-solving skills of the highly competent staff ensure that each project opportunity is care fully assessed to take advantage of any pioneering or innovative tec...
Iacovou Hellas
Following the successful completion of the asphalt works for runways, taxiways and access roads for New Athens International Airport at Spata in 1998, the company has been main working for the Public Power Corporation of Greece with large scale earthmoving projects in the North of Greece using its expertise in the fiel...
Iacovou Overseas
Whether it’s a housing scheme in Kuvait in 1977, a maintenance project in Gibraltar or PQC (Pavement Quality Concrete) project in Poland. Iacovou Overseas has successfully completed projects around the world and with the accumulated experience in complex specialized projects is always ready to mobilize in no time. Cu...
Larnaka - Famagusta Motorway
Larnaka - Famagusta Motorway
6 Lane Motorway Nicosia - Alambra
6 Lanes Motorway Nicosia - Alambra
Athens International Airport - Runway
New Athens International Airport External Works (2000) Contract included construction of new Airfield and Main Access Roads with Flexible pavements, Security Fencing, Gate Houses, Utilities, Perimeter Fence Road and Road Marking including part Runways and Taxiways
Citium Residence
The Citium Residence - Nicosia An exquisite project in one of the most luxurious areas in the capital very close to the Hilton Hotel and all the Commercial Areas.
Hellenic Copper Mines
It is a great source of corporate and national pride that in 2010 Hellenic Copper Mines passed into the hands of Cypriot company after so many years being controlled by overseas investors. This pride is not surprising since Cyprus is so closely associated with copper; the name ˝copperˮ is derived from the Greek name f...
Iacovou Concrete
As a leading supplier of ready-mixed concrete in Cyprus , Iacovou Concrete has been involved in many of the major construction projects on the island directly or through one of its affiliates. The company's involvement in these sizeable projects demonstrates it's ability to meet very stringent volume and time requirem...
Unitrak Machinery is a specialist supplier of plant and machinery to the Cyprus construction and civil engineering industries. The company is the authorised distributor for some of the most prominent industry brands. Foremost in the product portfolio is Hitachi Construction Machinery (HCM) – widely recognised as a wor...
Iacovou Investments
An ever expanding portfolio of investments lead to the creation of Iacovou Investments.  
Iacovou Concessions
The vision of the management to expand its operations through BOT(Build-Operate-Transfer), PFI (Private Finance Initiative) and PPP (Public Private Partnership)  projects has come to life with the group's participation in Hermes Airports Ltd which has undertaken the the first major BOT Concession of the New Larnak...
Latomia Sias
In 2006 the group acquired 50% in the Sia Quarry (Eleftherios Panayi and Sons Ltd) in order to expand its operation in the Quarrying markets and gain market share. A smaller quarry in capacity sufficienlty capable of supplying specialized aggregates for special purposes.  
Skyra Lima
Located at Stavrovouni, near the inter-city highway network, the facility extends over a large area and produces a comprehensive range of graded diabase stone aggregate – a strong and versatile material widely used throughout Cyprus’ building and construction industry. With strategic reserves of raw materials estimate...
Skyramont Quarries Ltd
In 2010 Iacovou Group acquired 50% of Skyramont Quarries Ltd based in Lemesos, in order to cover the demand for aggregates of Lemesos and Pafos. Skyramont Quarry is one of the biggest on the island with great amounts of reserves. All quarry operations (drilling, explosions, loading and transportation of material...
Iacovou UK
A new development in the London region has led to the creation of Iacovou UK to oversea the construction and development of the project and all the operations of the group in the UK including taking investment opportunities when the market conditions allow.
Iacovou Development
Driven by a passion for building excellence, Iacovou Development maintains a high profile in the Cyprus property development market.   Recognised for some of the county’s most prominent residential and commercial projects, it is acknowledged as one of the principal property development companies in the county. T...

Iacovou Overseas

"IACOVOU OVERSEAS has successfully completed projects around the world"

The group's expertise has lead to growing operations in foreign countries such as IRAQ, OMAN and BAHRAIN

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Proud owner of the oldest operating coppermine in the world

Hellenic Copper Mine


It is a great source of corporate and national pride that in 2010, the majority ownership of Hellenic Copper Mines which ownes and operates the only copper mine in Cyprus and the oldest copper mine still in operation in the world.

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Domestic Market
Increase market share in each of the sectors in which it operates
Optimise efficiency to reduce costs and retain price competitiveness
Streamline operational procedures to provide speedy responses and reporting
Explore opportunities for new business potential
International Markets
Expand the geographic spread of the group's operations
Built upon the core strengths in existing markets using the group's inherent abilities
Human Resources
Develop personnel skills to promote effectiveness, cohesion and loyalty
Capital Assets
Rationalise and renew plant, machinery and equipment


Embrace change and remain a leader in our field
Continue to invest in people because they are fundamental strength of the group
Appreciate our enviroment and strive to minimise the impact of our operations upon it
Seek new opportunities that capitalise on out inherent skills and capabilitites
Be a good corporate citizen
Always carry out out business in fair and transparent manner


To continue delivering to clients the highest quality projects, on time and in budget
To further evolve as a successful organisation with a multifaceted profile