Engino and Lois Builders sign contract for new Limassol factory
12:22 - 22 June 2023
The signing of a contract for the construction of Engino's new factory facilities has taken Limassol and Cyprus into a new phase of industrial development.
According to an announcement from the company, the Managing Director and Founder of Engino, Costas Sisamos, and Michael Lois of Lois Builders, signed the contract for the project, work on which is expected to start immediately in the industrial area of Ayios Silas in Limassol.
The significant signing took place at the offices of the Ministry of Energy, Trade and Industry on 21 June, in the presence of the Director of the Industry and Technology Service, Christos Fotiadis. Fotiadis’ presence underlines the recognition of Engino as an important factor in the industrial impact of Cyprus in international markets.
Engino is one of the leading companies in the design and manufacture of STEM toys in Cyprus, with thousands of exports and sales worldwide. With the construction of the new factory facilities, Engino enters a renewed phase of operations, expanding its activities and seeking new, larger markets such as America, Japan, and Asia. Its goal is to expand its toy exports and establish franchise stores.
Work on Engino's new factory will begin on 26 June, 2023, marking a time of further growth for the company and Cyprus. Engino continues to promote science, technology, engineering, and programming to new generations and emerge as a major player in the global STEM gaming industry.