In the first episode of The TechIsland Podcast powered by payabl., hosts Tanya Romanyukha, General Manager of TechIsland, and Artemis Pnevmatikou, Head of PR & Communications at TechIsland, sit down for an open conversation about what it truly means for Cyprus to become a “Tech Island,” and why that matters to everyday Cypriots.

Joined by Ugne Buraciene, Group CEO of payabl. and TechIsland Board Member, and Stylianos Lambrou, Founder & CEO of Heart Group and fellow Board Member, the episode explores how Cyprus is evolving into a dynamic tech destination in Europe. Together, they trace how the island’s economy is moving from agriculture and tourism to a growing tech sector contributing 16% of the country’s GVA. and what this transformation means for locals, from career opportunities to quality of life.

Stylianos reflects on his decision to return to Cyprus during the financial crisis and build his company from the ground up, believing early on that Cyprus could become a true hub for innovation. Ugne shares her own journey of relocating to the island more than a decade ago, witnessing its rapid evolution, and becoming one of its strongest advocates for tech-driven growth.

The discussion goes beyond business, touching on real issues like housing costs, education, infrastructure, and how the tech sector’s expansion is influencing daily life on the island. The guests highlight the importance of collaboration between the private sector, government, and local communities to ensure sustainable progress, not just short-term success.

The TechIsland Podcast powered by payabl. aims to make technology relatable, breaking down complex topics into simple, human stories. This first episode sets the stage for future discussions, offering an honest look at Cyprus’ growing pains and great potential as it works toward becoming a true “Tech Island” - a place where innovation, opportunity, and community thrive together.

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