What AFIS Cyprus does

AFIS Cyprus Ltd (Α.Φ.Η.Σ. Κύπρος Λτδ) is a non-profit organization established in 2007 on the initiative of the Cyprus Chamber of Commerce and Industry (CCCI/ΚΕΒΕ) and headquartered in Strovolos, Nicosia. It operates as the first and only licensed Collective Waste Management System for portable batteries and accumulators in Cyprus, holding an exclusive license from the Ministry of Agriculture, Rural Development and the Environment (most recently renewed in October 2017 through August 2024). The organization enables battery importers and appliance importers with built-in batteries to comply with EU Directive 2006/66/EC and Cyprus WEEE Regulation 56/2016 at minimum cost through a collective compliance model.

Its core operating assets are a nationwide network of over 6,000 battery collection bins placed at high-traffic commercial and public locations (supermarkets, telecom shops, malls, schools, banks, government buildings), the ReCYcling CY mobile application for bin locator functionality on iOS and Android, an online member portal for compliance declarations, and contracted collection and logistics services (provided by IESC Innovating Environmental Solutions Center Ltd). Collected batteries are sorted, stored domestically, and shipped to licensed hydrometallurgical recycling facilities in Greece for material recovery. The organization also runs extensive public awareness campaigns including the 'Nectaria' school mascot, YouTube content, TV/radio advertising, and community events.

AFIS generates revenue primarily through quantity-based fees paid by member companies proportional to the batteries they place on the Cypriot market, plus a one-time EUR 400 + VAT registration fee for new members. Fee levels are set by the Board of Directors and approved by the Waste Management Advisory Committee (ΣΕΔΑ). Day-to-day operations are administered under a cooperation agreement with Green Dot Cyprus Public Co Ltd. As of 2019, AFIS had 204 members and 12 shareholders; cumulative recycling volume reached 911,383 kg by October 2024 and over 37,000 kg in H1 2025.

Name

AFIS Cyprus

Legal name

Α.Φ.Η.Σ. Κύπρος Λτδ

Website

https://afiscyprus.com.cy

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

AFIS Cyprus is the only licensed non-profit collective waste management system for portable batteries in Cyprus. It serves obligated battery and appliance importers with EPR compliance via a nationwide network of 6,000+ collection bins, member fee financing, and public awareness campaigns.

Ownership category

akta.pro rank

Product category

Waste Management Services (Battery Recycling / Extended Producer Responsibility Compliance)

NAICS

Waste Collection (5621), Other Waste Collection (562119), Solid Waste Collection (562111)

SIC

Refuse Systems (4953), Hazardous Waste Management (4955)

akta.pro primary industry

Universal Waste Management (Batteries, Lamps, Mercury-Containing) (BPALAHAL)

akta.pro secondary industries

Battery Recycling & Management (Lithium-ion, Lead-acid) (BPALAIAF), E-waste & Universal Waste Collection/Transfer (Electronics, Lamps, Batteries) (EUAIABAG), Certified Compliance & Reporting Services (R2/e-Stewards, Audit, ESG) (BPALAIAL)

Keywords

• Battery recycling management
• Waste management services
• Extended producer responsibility
• Portable battery collection
• Recycling compliance system

Headquarters

HQ city

Strovolos

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Member fees based on battery quantities: Operating costs are covered by fees paid by Member companies based on the quantities of batteries they place on the Cypriot market. Companies declare battery quantities either annually (by January 31) or quarterly (10 days before quarter end). Revenues fund collection, transportation, recycling, public awareness, and system administration.
2. Membership registration fee: One-time registration fee of 400.00 EUR + VAT charged when a company first enrolls as a Member of the System. This is a non-recurring onboarding fee.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels9 records

Core offering

AFIS Cyprus operates the first and only licensed Collective Waste Management System for portable batteries and accumulators in Cyprus. It coordinates the collection, transportation, sorting, storage, and export of used portable batteries from a nationwide network of over 6,000 bins, enabling obligated importers to comply with EU and Cypriot Extended Producer Responsibility legislation through paid membership. The system is supported by the ReCYcling CY mobile app, a member online portal, public awareness campaigns, and recycling partnerships with licensed facilities in Greece.

Product overview

AFIS Cyprus operates a collective battery waste management system for Cyprus, comprising a network of over 6,000 battery collection bins placed throughout the island, the ReCYcling CY mobile application for locating bins and accessing recycling information, member registration and statement declaration systems for obligated companies, and battery collection services. The system coordinates battery collection, sorting, and shipment to licensed facilities abroad for recycling.

Differentiator

Problem solved

Functional benefit

Products and services

• ReCYcling CY Mobile Application Free iOS and Android mobile application developed by AFIS Cyprus and Green Dot Cyprus that allows users to locate the nearest battery recycling bins, view collection schedules, and access information about battery recycling across Cyprus.
• Battery Bin Placement Service Service for businesses, schools, and public organizations to request placement of a 20-liter AFIS battery collection bin at their premises, with delivery and installation within 7-10 working days in an indoor publicly accessible area.
• Battery Collection Service Service for reporting full battery bins and requesting collection, with pickup available across all Cyprus districts (Nicosia, Limassol, Larnaca, Famagusta, Paphos), performed by AFIS contractor crews when bins reach approximately 80% capacity.
• Member Registration Service Service for obligated companies to register as members of the AFIS Cyprus collective management system, including the Member Agreement and a one-time 400 EUR + VAT registration fee.
• Member Statements / Battery Quantity Declarations Service Online declaration service for registered member companies to declare quantities of batteries placed on the Cypriot market, submitted annually by 31 January or quarterly within 10 days before quarter end, used to determine member fees.
• Battery Collection Bin Network (Public Drop-off Infrastructure) Nationwide network of more than 6,000 AFIS battery collection bins placed at high-traffic locations across all Cyprus districts for free public disposal of used portable batteries; contents are collected by AFIS contractors and shipped to licensed recycling facilities abroad.

Quantifiable outcome

• 25% collection target achieved by 2016; approaching 45% target set by EU legislation
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• Green Dot Cyprus (Green Dot Cyprus Public Co Ltd)coreStrategic or Co-development Partner · 1 January 2007AFIS entered into a cooperation agreement with Green Dot Cyprus for the administration, organization, and operation of the System. Green Dot Cyprus handles the day-to-day administration and publishes the annual reports that include AFIS activities. This is a foundational partnership for the organization's operations.
• Licensed recycling facilities abroad (Greece)coreOthersCollected batteries are sent to licensed management facilities in Greece for hydrometallurgical recycling. These facilities are certified to European standards and recover materials including lithium, cobalt, nickel, lead, copper, and aluminum from batteries.
• Cyprus Scout Corps (Σώμα Προσκόπων Κύπρου)minorStrategic or Co-development PartnerAFIS partnered with Cyprus Scout Corps to inform and raise awareness among all scouts and their families about battery recycling. Battery collection bins were placed at all Scout systems and educational materials were distributed.
• TemuminorGTM or Marketing PartnerTemu has signed agreements with Green Dot Cyprus, AFIS Cyprus, and WEEE Cyprus to help sellers meet their Extended Producer Responsibility compliance obligations in Cyprus.
• IESC INNOVATING ENVIRONMENTAL SOLUTIONS CENTER LTDcoreImplementation/ SI/ Consulting PartnerIESC is the contracted service provider responsible for the collection, acceptance, and storage of portable batteries and accumulators, as well as the purchase, storage, and placement of battery collection bins. The contract was renewed for three years in 2015, expiring in 2018.
• Cyprus Chamber of Commerce and Industry (CCCI/ΚΕΒΕ)coreStrategic or Co-development PartnerAFIS was established in 2007 on the initiative of the Cyprus Chamber of Commerce and Industry (CCCI). CCCI appoints two of the eight Board of Directors members (Class B), representing the chamber on the board.

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Wecycle: Dutch PRO for batteries and related WEEE streams. Directly comparable to AFIS: national PRO model, member-fee structure, public collection-network focus, and EU EPR regulatory framework.
• Call2Recycle: North America's largest consumer battery stewardship programme, operating US and Canadian networks. Directly comparable to AFIS: PRO-style collection model, public drop-point network, and brand-funded awareness campaigns.
• Recupel: Belgian PRO covering batteries, lighting, and WEEE. Comparable operating model to AFIS: obligated-producer membership, fixed collection infrastructure, and public-facing drop points under EU EPR.
• Stiftung GRS Batterien: Germany's collective battery PRO, operating under extended producer responsibility. Closest direct peer to AFIS: same national-PRO model, same portable-battery scope, similar fee-on-quantities revenue model, but at much greater scale.
• Ecopilas: Spanish PRO for portable batteries founded by battery and appliance manufacturers. Directly comparable to AFIS: integrated PRO model, member-driven funding, and EU EPR compliance for the Spanish market.
• Remedia: Italian multi-stream collective PRO covering batteries, WEEE, and other EPR categories. Comparable to AFIS: national-PRO model, member-fee economics, and cross-stream waste infrastructure.
• European Recycling Platform (ERP): Pan-European PRO offering cross-country WEEE and battery compliance for producers. Comparable to AFIS: serves obligated producers under EU EPR, operates national collection schemes, and competes/co-operates with single-country PROs like AFIS.
• INOBAT: Swiss collective PRO for batteries. Directly comparable to AFIS: non-profit foundation structure, member-fee revenue model, public collection infrastructure, and EU-aligned EPR framework.
• Screlec: French collective PRO for portable batteries. Directly comparable to AFIS: EPR compliance scheme, member-fee model based on volumes placed on market, and nationwide public drop-point network.
• WEEE Cyprus (CICOR): Sister collective PRO in Cyprus handling WEEE/electrical waste, co-located in the same country and partnered with AFIS via Green Dot Cyprus and Temu. Direct peer: same national regulatory environment, same EPR licence structure, overlapping obligated-producer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@afiscyprus83/videos
• Facebookfacebook.com/afiscyprus
• Instagraminstagram.com/afiscyprus

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AFIS Cyprus