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CYPRUS GOVERNMENT SPENDING

PUBLIC PROCUREMENT DASHBOARD

Advanced Analytics

Deep insights into Cyprus government procurement

Years:
Contract Type:
HHI Index
Market concentration metric
315

Competitive

Top 5 Market Share
Combined market control
34.6%

of total market

Companies Analyzed
Active contractors
50

active contractors

HHI Interpretation
Understanding market concentration metrics

The Herfindahl-Hirschman Index (HHI) measures market concentration by summing the squares of market shares. It ranges from near 0 (perfect competition) to 10,000 (monopoly).

  • HHI < 1,500: Competitive market with low concentration
  • HHI 1,500-2,500: Moderate concentration
  • HHI > 2,500: High concentration, potentially limited competition
Market Share Distribution
Top 10 companies by total contract value

ΟΙΚΟΝΟΜΙΚΟΣ ΦΟΡΕΑΣ

1,190 contracts

€1669.8M

9.75%

BB ENERGY (GULF) DMCC

7 contracts

€1609.3M

9.39%

IACOVOU BROTHERS (CONSTRUCTIONS) LTD

54 contracts

€1007.7M

5.88%

Petroineos Trading Limited

4 contracts

€995.3M

5.81%

Saras SpA

4 contracts

€645.0M

3.76%

CPP-METRON-HUDONG-WSM CONSORTIUM

1 contracts

€500.0M

2.92%

CYFIELD CONSTRUCTION LIMITED

114 contracts

€475.5M

2.78%

CYFIELD DEVELOPMENT PUBLIC LIMITED

77 contracts

€468.4M

2.73%

Cyfield Asphalt Co LTD

111 contracts

€375.0M

2.19%

S. HADJICHRISTOFI CONSTRUCTION LIMITED

214 contracts

€278.8M

1.63%

Market Concentration by Organization Type
HHI analysis across different government sectors
Governmental Organisations
€6819.5M total spending
120

Competitive

0.0%

Top 5 share

Active contractors4849
Utilities
€5587.2M total spending
2139

Moderate

0.0%

Top 5 share

Active contractors720
Public Organisations
€3474.5M total spending
880

Competitive

0.0%

Top 5 share

Active contractors3071
Regional/Local authorities
€1252.5M total spending
730

Competitive

0.1%

Top 5 share

Active contractors1482

Interpretation: Different organization types show varying levels of market concentration. Higher HHI values indicate fewer companies dominate that sector, while lower values suggest more competitive markets.

Market Concentration by Industry Sector
HHI analysis across different procurement categories (based on CPV codes)
Construction & Infrastructure
€6066.3M • 9,161 contracts
555

Competitive

44.2%

Top 5

Contractors1546
Energy & Fuel
€4831.0M • 226 contracts
2701

Concentrated

99.1%

Top 5

Contractors86
Healthcare & Medical
€2339.3M • 13,490 contracts
334

Competitive

33.4%

Top 5

Contractors427
Other
€944.7M • 10,525 contracts
219

Competitive

24.4%

Top 5

Contractors2616
Professional Services
€928.8M • 5,854 contracts
299

Competitive

31.1%

Top 5

Contractors2267
IT & Technology
€681.4M • 4,400 contracts
372

Competitive

36.3%

Top 5

Contractors857
Equipment & Machinery
€476.7M • 6,105 contracts
275

Competitive

31.2%

Top 5

Contractors1408
Transportation & Vehicles
€353.5M • 2,198 contracts
325

Competitive

30.6%

Top 5

Contractors714
Utilities & Waste Management
€278.0M • 1,589 contracts
642

Competitive

49.0%

Top 5

Contractors526
Telecommunications
€142.2M • 942 contracts
1428

Competitive

58.2%

Top 5

Contractors303
Food & Catering
€92.0M • 932 contracts
276

Competitive

25.9%

Top 5

Contractors348

Industry Classification: Based on CPV (Common Procurement Vocabulary) codes. Each contract is categorized by its primary CPV division into sectors like Construction, Healthcare, IT, Energy, etc.