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Data Stories 2026-10-09 · 5 min read

Who wins government contracts in Cyprus

The top 1% of suppliers won 14% of the 2,449 awards in Cyprus from October 2024 to September 2026. By stated value, the top 1% won 22%.

Data story · TED award notices · Oct 2024 – Sep 2026

2,449 awards in Cyprus went to 776 suppliers from October 2024 to September 2026. Most suppliers in Cyprus won one award in the window: 59% of 776. The top 1% of suppliers won 14% of the awards, below the median across the 34 countries with a story: 18%.

The stated value is more concentrated than the awards here: 22% against 14% for the top 1%. Υπουργείο Υγείας is the largest buyer: 677 awards, 28% of the total.

Awards
2,449
Contract awards from Oct 2024 – Sep 2026, each counted once.
Winning suppliers
776
Suppliers with one or more awards, counted by normalised name.
Won one award
59%
Share of winning suppliers with exactly one award.
Top 1% of suppliers
14%
Share of awards won by the 7 suppliers with the most awards.
Gini coefficient
0.57
Inequality of awards across suppliers: 0 = each wins the same number, 1 = one supplier wins all.
Stated value (EUR)
EUR 1.58 billion
From the 71% of awards that state an amount, capped at the 99.9th percentile.
Top 1% by stated value
22%
Share of stated value won by the top 1% of suppliers by value.

How the awards spread across suppliers

59% of suppliers won one award. They hold 19% of theawards.Share of suppliers, awards and stated value by the number of awards each supplier won1 award2–5 awards6–20 awards21–100 awards101+ awardsSuppliers59%30%9%Awards19%27%30%24%Stated value (EUR)17%45%23%15%Source: Sell to State, TED award notices, snapshot 9 October 2026. n = 2,449 awards.SELL TO STATE.
Share of suppliers, awards and stated value by the number of awards each supplier won: 1, 2–5, 6–20, 21–100, 101 or more. Cyprus, October 2024 to September 2026.
By awards, the bottom half of suppliers hold 16%. Bystated value, the bottom half hold 2%.Lorenz curves by number of awards and by stated value0%0%25%25%50%50%75%75%100%100%Suppliers, from the fewest awards to the mostShare of awards or of valueBy number of awards (Gini 0.57)By stated value, EUR (Gini 0.84)Dashed line: each supplier wins the same share. Thelower the curve, the more the awards gather at the top.Source: Sell to State, TED award notices, snapshot 9 October 2026. n = 2,449 awards.SELL TO STATE.
Suppliers in order from the fewest awards to the most (x), against their total share of awards (y). The dashed line is an equal share for each supplier. The lower the curve, the more the awards gather at the top. Gini 0.57; by stated value 0.84.
The top 1% hold 14% of the awards and 22% of the statedvalue.Share held by the largest suppliers: hollow dot by number of awards, solid dot by stated valueShare of awardsShare of stated value (EUR)0%25%50%75%100%Top 1% of suppliers14% → 22%Top 10% of suppliers52% → 77%Source: Sell to State, TED award notices, snapshot 9 October 2026. n = 2,449 awards.SELL TO STATE.
Hollow dots: the share of awards held by the top 1% and the top 10% of suppliers by number of awards. Solid dots: the share of stated value held by the top 1% and the top 10% by stated value. The two groups can hold different suppliers. 71% of the awards state an amount. Values in EUR, capped at the 99.9th percentile.

Cyprus ranks 20th of 40 countries for the Gini coefficient and 30th for the top 1% share. 1st is the most concentrated.

Who wins the most awards

Top 10 suppliers by number of awards, October 2024 to September 2026.
#SupplierAwardsShare of awardsStated value (EUR)Share of value
1 C.A. PAPAELLINAS LTD 88 4% 60.1 million 4%
2 VSHN AG 59 2% – –
3 CYPRUS PHARMACEUTICAL ORGANIZATION LTD 43 2% 12.3 million under 1%
4 Telecom Italia Sparkle S.p.A. 39 2% – –
5 Varnavas Hadjipanayis Ltd 35 1% 33.8 million 2%
6 C.A. PAPAELLINAS LTD 35 1% 20.3 million 1%
7 Bechtle AG 34 1% – –
8 Telecom Italia Sparkle S.p.A. 33 1% – –
9 Lifepharma (Z.A.M) Ltd 30 1% 7.68 million under 1%
10 M.S.Jacovides and Co Ltd 29 1% 31.6 million 2%

Who buys the most

Top 10 buyers by number of awards, October 2024 to September 2026.
#BuyerAwardsShare of awardsStated value (EUR)Share of value
1 Υπουργείο Υγείας 677 28% 486 million 31%
2 GÉANT Vereniging 312 13% – –
3 Οργανισμός Κρατικών Υπηρεσιών Υγείας 234 10% 87.2 million 6%
4 Πανεπιστήμιο Κύπρου 92 4% 51.7 million 3%
5 Υπουργείο Άμυνας 82 3% 20.7 million 1%
6 Τμήμα Ηλεκτρομηχανολογικών Υπηρεσιών 78 3% 18.9 million 1%
7 ΔΗΜΟΣ ΛΕΜΕΣΟΥ 58 2% 14.8 million under 1%
8 Deputy Ministry of Tourism 55 2% 15.2 million under 1%
9 Γενικό Λογιστήριο Δημοκρατίας 49 2% 81.6 million 5%
10 Υπουργείο Παιδείας, Αθλητισμού και Νεολαίας 49 2% 47.3 million 3%

Stated value: the amount in each award notice, split between joint winners and capped at the 99.9th percentile.

Sectors

2 sectors have 300 or more awards and 50 or more suppliers in the window, and a sector page. Each row links to that page, where the sector has its own numbers, charts and tables.

CPV sectors with a data block, October 2024 to September 2026.
CPV sector Awards Winning suppliers Top 1% of suppliers Won one award
Healthcare & Medical 911 153 10% 48%
IT & Software 491 123 12% 54%

CPV sector: the sector of the award's CPV code, the EU classification of what a contract buys. Our keyword sector labels elsewhere on the site can give other counts.

How we counted

  • TED award notices for Cyprus. One record is one contract award: a buyer, a supplier, a date and, where the source gives it, an amount.
  • October 2024 to September 2026. This is the latest 24 months of our data for Cyprus, up to the last month with a normal number of awards.
  • Each award has the CPV code of its notice. Each award counts in one sector only, by the strict CPV rules of the ART-1 audit. We do not use our keyword sector labels: a hand check found too many wrong labels for most sectors.
  • We count each award once: one notice, one amount, one date. We leave out awards with no supplier name, placeholder names such as "persona natural", names that are only a legal form, and names that appear on thousands of unrelated awards.
  • We count suppliers by normalised name. A firm under two spellings counts as two suppliers, so the "won one award" share is an upper bound.
  • Stated value is the amount in the award notice, in EUR. It is often the ceiling of a framework agreement, and the money paid can be lower. When several winners share one notice and one amount, we split the amount. We cap each award at the 99.9th percentile of the awards in Cyprus. 71% of the awards state an amount, EUR 1.58 billion in total.
  • The awards for Cyprus come from TED, which publishes contracts above the EU thresholds. This story describes the larger contracts.
  • These numbers show how the awards spread across suppliers. They do not show why.

The method is the method of our study of 39 countries: who wins government contracts. Other countries: who wins, country by country. The sector pages show the same numbers for each country and sector with enough data.

Snapshot 9 October 2026. Awards from October 2024 to September 2026. The numbers change when we add new awards.

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