BP Eastern Mediterranean has signed a fuels storage agreement with the Cyprus Oil Terminal Ltd., formerly the Cyprus Petroleum Refinery Ltd,. in Larnaca for 25,000 cubic metres in extra storage capacity, to
CLR Securities & Financial Services, a member of CLR Capital maintained its lead as the brokerage firm with the biggest market share, lifting its market share in February to 18.44% and since
Chemicals boom Industrial output rose year on year for its second consecutive month in December 2004, rising by 2.5% compared with December, following a 4.3% year-on-year increase in November. Manufacturing rose year
Majority state-owned airline Cyprus Airways (CAIR) announced net losses after of CYP 33.5 mln in 2004, a 160% increase on the losses of CYP 20.9 mln recorded in 2003. The huge losses
The majority shareholder of Quantum Corp. (GLO), Athanassios Ktorides announced the intention to submit a public takeover bid, seeking 100% control of the company, offering shareholders CYP 250 per share in cash.
The prices of some 920 medicines were slashed by an average 25% Tuesday, as part of the government’s policy to reduce the household costs. Though the majority of medicine prices remained the
Most of the flights of national carrier Cyprus Airways flights were grounded Tuesday when cabin crew went on indefinite strike after layoffs were announced a day earlier. Passengers were delayed by several
