Orphanides profits rise

Orphanides Pcl (ORF) released its first quarter results posting a moderate increase in net profit to EUR 749.000 or CYP 435k up by 3.3% YoY. Despite the acquisitions made within 2006, turnover

Hellenic to issue shares for takeovers

Hellenic Bank Pcl (HB) shareholders approved a special resolution at the Company’s Extraordinary General Meeting held after the 33rd AGM,  authorising the Bank’s Board of Directors to issue up to 20 mln

Bank of Cyprus raises debt ceilings

Bank of Cyprus has decided to increase the size of its Euro Medium Term Note (EMTN) Programme and its Euro Commercial Paper (ECP) Programme to EUR2,0 bln and EUR1,0 bln respectively. It

Cyprus bathing quality fares well

The EU Bathing Water Directive lays down two sets of bathing water quality standards: minimum imperative values, with which compliance is mandatory, and stricter guide values, with which compliance is desirable but

CRM, IBM in LTV subscription project

CRM.COM Software, IBM and Lumiere TV Public Co. introduced a web-based subscription automation project for the pay-TV station in a record time of three months boosting the company’s subscriber base to over

PrimeTel Cyprus in new deal with Telefone

PrimeTel Ltd announced that its broadband service packages are now available at all the 32 Telefone shops in Cyprus. New subscribers to PrimeHome (telephony, Internet, television), PrimeADSL2+ (telephony and Internet), and PrimeTVplus