Inland Revenue receipts jump 35%

The Inland Revenue Department receipts during the January –October 2006 period advanced by 35% YoY to CYP 682.4 mln, the Ministry of Finance reported. Income tax PAYEE receipts increased by 20% YoY

CTC sells Christis stake to Vivartia

Cyprus Trading Corporation Pcl (CTC) in cooperation with N.K Shacolas Group signed an agreement to dispose their participation in the share capital of Christis Dairies Pcl (CDL) to Vivartia SA (Delta Holdings),

A.L. Pro Choice bids for CPI Holdings

A.L. Pro Choice  Group Pcl (PROP) announced that it decided to submit a Public Offer towards CPI Holdings Pcl (CPIH) shareholders for the acquisition of up to 100% of CPIH’s issued share

Aristo to fetch in excess of CYP 100 mln

…bid backed by foreign bank? Aristo Developers Pcl (ARD) secured from the CSE a second day of suspension of its shares pending the outcome of intense negotiations aimed at finalizing the takeover

Cyprus retail sales accelerate in October

According to provisional figures, retail sales volumes accelerated in October, rising by 10.7% in October 2006 over October 2005, compared with a year-on-year increase of 9% in September.  For the period January-October