Retail sales up year on year in August

Retail sales volume rose year on year in August, having slipped in July according to the latest data from the Statistical Service, which also produced revised figures for earlier months this year.

Vassiliko profits surge 16%

The surge in cement sales, mostly in the local market helped lift the first nine month results of Vassiliko Cement Works, which reported a satisfactory 16% increase in net profits with the

Overseas operations lift Logicom

Logicom Public Co. Ltd. reported a 24% increase in total turnover and a 10.5% in net profits mostly on the back of a highly satisfactory performance in overseas markets where it operates,

Cyprus wage hike via revamped index?

Viagra to be included The revamp of the consumer price index in Cyprus due from January 2006 could raise the rate of inflation, and with it the index-linked wage bill, fear Cypriot

Laiki Q3 profits surge 90.3%

…revises 2008 targets higher Laiki Bank lifted its first nine month profits by 90.3% year-on-year to CYP 30.5 mln from CYP 16 mln a year ago in the same period, beating market