OUR
HISTORY
CONSIDER
IT DONE
1957
Psaras Construction is founded by Nicos Psaras, guided by a clear belief: that integrity, quality, and personal responsibility are the only foundations that allow a company to endure over time.
1960
Through hands-on, labour-intensive projects, the company establishes its early reputation for consistency, reliability, and respect towards every client and collaboration.
1974
Following the Turkish invasion of Cyprus, the company relocates its operations to the Middle East, continuing its activity during a period of major upheaval.
1995
The second generation, Aphrodite, George, and Kyriakos Psaras, gradually assumes leadership, responding to a more demanding market with technical expertise, organisation, and a forward-looking mindset.
2000
A defining moment. Aphrodite Psara becomes CEO, among the first women to lead a construction company in Cyprus. Under her leadership, the company delivers largerscale projects and strengthens its position within the industry.
2006
Psaras Construction is upgraded to Class A contractor, allowing the delivery of more complex and technically demanding projects.
2012
The third generation begins to enter the business. Alexis Psaras son of Kyriakos Psaras, following his studies in Civil Engineering, joins the company and gradually takes responsibility for the Tendering and Procurement Department.
2013
During the economic crisis, the company chooses international expansion, extending operations to Oman, the UK, Romania, the Netherlands, Sweden, and Norway.
2015
Minas Mina joins N. Psaras Construction, contributing to the company’s international expansion and organisational growth during a critical period.
2017
With the company’s relocation back to Cyprus, a new cycle of modernisation begins. Upgrades in equipment, processes, and project management systems shape a more future-ready organisation.
2018
Evangelia Psara, with a degree in Business Management, joins the company, strengthening financial management and contract compliance, ensuring alignment with legal and regulatory frameworks.
2020
Minas Mina becomes the company’s first non-family partner, marking the evolution of the family business.
2023
Nicolas Theophylactou, son of Aphrodite Psara, holding an LLB in Law joins the company, marking the completion of the third-generation transition.
Today
Looking Ahead
Three generations, different eras, one shared philosophy: building with integrity, accountability, and long-term vision. The next chapter is already taking shape, rooted in the past and focused firmly on the future.
1957
Psaras Construction is founded by Nicos Psaras, guided by a clear belief: that integrity, quality, and personal responsibility are the only foundations that allow a company to endure over time.
1960
Through hands-on, labour-intensive projects, the company establishes its early reputation for consistency, reliability, and respect towards every client and collaboration.
1974
Following the Turkish invasion of Cyprus, the company relocates its operations to the Middle East, continuing its activity during a period of major upheaval.
1995
The second generation, Aphrodite, George, and Kyriakos Psaras, gradually assumes leadership, responding to a more demanding market with technical expertise, organisation, and a forward-looking mindset.
2000
A defining moment. Aphrodite Psara becomes CEO, among the first women to lead a construction company in Cyprus. Under her leadership, the company delivers largerscale projects and strengthens its position within the industry.
2006
Psaras Construction is upgraded to Class A contractor, allowing the delivery of more complex and technically demanding projects.
2012
The third generation begins to enter the business. Alexis Psaras son of Kyriakos Psaras, following his studies in Civil Engineering, joins the company and gradually takes responsibility for the Tendering and Procurement Department.
2013
During the economic crisis, the company chooses international expansion, extending operations to Oman, the UK, Romania, the Netherlands, Sweden, and Norway.
2015
Minas Mina joins N. Psaras Construction, contributing to the company’s international expansion and organisational growth during a critical period.
2017
With the company’s relocation back to Cyprus, a new cycle of modernisation begins. Upgrades in equipment, processes, and project management systems shape a more future-ready organisation.
2018
Evangelia Psara, with a degree in Business Management, joins the company, strengthening financial management and contract compliance, ensuring alignment with legal and regulatory frameworks.
2020
Minas Mina becomes the company’s first non-family partner, marking the evolution of the family business.
2023
Nicolas Theophylactou, son of Aphrodite Psara, holding an LLB in Law joins the company, marking the completion of the third-generation transition.
Today
Looking Ahead
Three generations, different eras, one shared philosophy: building with integrity, accountability, and long-term vision. The next chapter is already taking shape, rooted in the past and focused firmly on the future.