Comment by nopehnnope

As an employee you have a duty of loyalty to your employer. I’m not sure about side projects generally, that is probably a Cyprus specific question. But I’d be shocked if it’s legal anywhere to release a product that competes with what you work on at your job. That’s just common sense. You would likely be violating not just your employment contract, but also trade secret, copyright, patents, etc. This is egregious enough behavior to even be criminally charged in many places.