The total registrations of motor vehicles during the first nine months of 2005 decreased by 8.7% to 38,084 from 41,695 vehicles in the same period of 2004, according to a report by the Statistical Service titled ‘Registration of Motor Vehicles’ for the period January-September 2005. The report notes that registrations of private saloon cars decreased

D.H. Cyprotels Public Ltd (DHH) announced that its financial results will be restated following the consolidation of the associated company Cinolinks Enterprises. The changes pertain to the own shares reserves will be debited with CYP 8.4 mkn, with a credit in the long-term borrowing of CYP 3.8 mln and the long-term liabilities of CYP 4.6

Renos Hadjioannou Farm Pcl (FRH) issued a negative profit warning for its second half results following the decline in consumer confidence in poultry products due to the bird flu scare, which is likely to affect the profitability of the Company. However the Company expects improved profitability in 2005 compared to 2004. The drop is attributable

The Greek based Fourlis group announced that it has signed the contracts for the construction of the first IKEA store in Cyprus, through its House Market subsidiary. The new IKEA store will have a 22.000 sq. metre capacity and is expected to commence operations during the first half of 2007. The massive store will be

Deutsche Bank has revised its price target on the shares of Bank of Cyprus following the positive profit warning issued by the Bank regarding its third quarter results. DB now expects BOC to lift its net profits for the first nine months of the year to CYP 72 mln from its previous estimate of CYP