RTD Talos Development Organization was established in September 2000. RTD Talos was founded in a period when the global economic environment was changing into a new economy, and Cypriot businesses, especially small and medium ones, were facing major competitiveness problems. At the same time, the Cypriot government was initially facing the challenge of harmonizing with the Community acquis and later implementing its development policy within the broader European effort. 

RTD Talos has been following a dynamic course of development since its foundation and quickly established itself as one of Cyprus’s reliable partners in the consulting services market. RTD Talos early diagnosed the need to connect the Cypriot economy with the broader European market and emphasized exploiting the prospects opening up through the full integration of Cyprus into the European Union.

RTD Talos, ran by a team of young scientists and a dynamic network of external partners, develops a full range of support and consulting services to: 

    • The Cypriot government, in matters of economic, social, and development policy, innovation, and small and medium enterprises 
    • Cypriot businesses emphasize strategy, research, innovation, and technological development. 






The main goal of Talos’ efforts is to help Cypriot businesses to: 

  • take advantage of the opportunities offered by their integration into the European Economy,
  • develop new products, services, and processes,
  • increase their market share,
  • strengthen their existing infrastructure,
  • increase their entrepreneurial capacity,
  • reduce the cost of managing their operations,
  • strengthen their competitiveness,
  • improve the quality of their services and products,
  • acquire a greater orientation towards the requirements of the unified European market. 


Details of the Development Organisation RTD Talos 

  • Name: RTD Talos Ltd 
  • Year of Establishment: 2000 
  • Legal Form: Limited Liability Company (Ltd) 
  • Registration Number: 115315 
  • Tax Registry Number: 12115315Y
  • VAT number: 10115315W
  • Social Insurance Number: 932015/1/7022
  • Head Office Address: 1 Diogenous Street, Kykkos Shopping Center, Block A, 4th Floor, Lefkosia, Cyprus
  • General Director: Dr. Alexandros Michaelidis
  • Telephone Number: 22454333
  • Fax Number: 22660009
  • Email


  • 2000 – Foundation 
  • 2009 – In Business Awards: best SME of 2008 
  • 2011 – ISO 9001 certification 
  • 2014 – Talos received the Global Innovation Award in London, an institution of Lloyds, as the coordinator of the LYNCEUS project, funded by the European Commission. 
  • 2015 – ETEK Engineering Award
  • 2016 – Certification of RTD Talos Vocational Training Center and Vocational Training Structure by HRD
  • 2020 – ISO 9001:2015 certification
  • 2021 – The Technological Development Department is created
  • 2022 – The Computer Science Department is created


The mission of the RTD Talos Development Organization is to offer high quality services with dedication and consistency, with the aim of strengthening the competitiveness of Cypriot businesses and supporting the Cypriot public sector in its development effort. The goal of the RTD Talos Development Organization is to become the largest provider of specialized consulting services in Cyprus. 



RTD Talos Development Organization is housed in modern offices with 435 m2 floor area in road Diogenous 1, Kykkos’ Commercial Center, Block A, 4th Floor, 2404 Engomi, Nicosia