Frou-Frou factory construction works begin

Targets to lift ROE to 15% Alkis Hadjikyriakos (Frou-Frou Biscuits) Ltd. has announced that the construction works on a new factory situated at the company’s distribution centre in Kokkinotrimithia have started. Chairman

Almunia raises inflation, wages concerns

Commissioner for Economic and Monetary Affairs Joaquin Almunia gave a largely positive assessment of the Cyprus economy and public finances during an official visit to Cyprus last Thursday, but raised concerns about

Hellenic Q1 profits jump 105%

Hellenic Bank Group (HB) reported a 105% increase in first quarter net profits to CYP 2.97 mln from CYP 1.44 mln a year ago, and although the return on equity (ROE) of

XP professional gets 64-bit version

Munich (dpa) – Microsoft is now offering its Windows XP Professional operating system in a version for 64-bit processors. The so-called x64 Windows is offered at the same prices as the traditional