Companies

COVID19: Freezers arrive in Cyprus for first vaccines

Cyprus took delivery Saturday of a pair of medical freezers that will store the first batch of coronavirus vaccines from Pfizer-BioNTech, with the vaccination expected to commence on December 27, in line

19th December 2020

Companies/Cyprus

Cyprus Airports reducing plastic waste by staff

Cyprus airports operator Hermes Airports in a strategy to reduce its carbon footprint has provided its staff with eco-friendly items for everyday use. As part of its Green commitment, the company said

30th November 202030th November 2020

Business/Companies

CI Ratings maintains ‘stable’ outlook for Hellenic Bank

Capital Intelligence Ratings has affirmed the long-term foreign currency rating (LT FCR) and short-term foreign currency rating (ST FCR) of Hellenic Bank at ‘BB-’ and ‘B’, respectively, as well as a ‘stable’

27th November 202027th November 2020

Companies/Cyprus/Economy

COVID19: Retailers pushed to build online stores in time for Black Friday

Retailers are turning to online sales to make the most of the few opportunities left, unable to lure consumers to brick and mortar shops, especially after the coronavirus has almost cancelled Christmas

26th November 2020

Business/Companies/Cyprus/Life & Style

COVID19: Ryanair posts H1 €197 mln loss, traffic plunges 80%

Low-cost airline Ryanair on Monday posted an H1 loss of €197 mln, compared to a 2019 first-half profit of €1.15 bln due to the impact of coronavirus with 99% of its fleet

2nd November 2020

Business/Companies/Europe

Steamship Mutual’s new office enhances Cyprus role in shipping

The Steamship Mutual Underwriting Association’s new European office in Limassol gives prestige and consolidates Cyprus as a quality cluster of international maritime activities, the island’s junior minister for shipping said. SMUAE is

7th October 2020

Companies/Cyprus/Maritime

COVID19: Hellenic Bank H1 profits at €17.7 mln, impact from virus

Hellenic Bank reported a lower first half net profit of EUR 17.7 mln, impacted by the coronavirus pandemic, down from EUR 58.3 mln in the same period last year. The second biggest

26th September 202026th September 2020

Companies/Cyprus/Economy

Cyprus pharmaceuticals is best-kept secret

Cyprus pharmaceuticals are probably the country’s biggest kept secret as the industry was responsible for almost a third of all exports in the first five months of 2020 while increasing year-on-year. Last

6th September 20206th September 2020

Business/Companies

Matsis leaves Hellenic Bank by ‘mutual agreement’

Hellenic Bank announced that CEO Ioannis Matsis has stepped down after three years in the job at the second largest Cyprus lender and that his employment agreement “has been mutually agreed to

2nd September 20202nd September 2020

Companies/Cyprus

Bank of Cyprus stumbles with €126 mln losses in 1H

Bank of Cyprus posted first-half losses of €126 mln, of which a hefty €100 mln was booked in the second quarter alone with the CEO attributing the downfall to its Project Helix

28th August 202029th August 2020

Companies/Cyprus

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Companies

COVID19: Freezers arrive in Cyprus for first vaccines

Cyprus Airports reducing plastic waste by staff

CI Ratings maintains ‘stable’ outlook for Hellenic Bank

COVID19: Retailers pushed to build online stores in time for Black Friday

COVID19: Ryanair posts H1 €197 mln loss, traffic plunges 80%

Steamship Mutual’s new office enhances Cyprus role in shipping

COVID19: Hellenic Bank H1 profits at €17.7 mln, impact from virus

Cyprus pharmaceuticals is best-kept secret

Matsis leaves Hellenic Bank by ‘mutual agreement’

Bank of Cyprus stumbles with €126 mln losses in 1H

Cyprus real estate will hold firm in 2021

Cyprus: From ‘economic miracle’ to energy independence

Silver expected to gain in 2021

What the President said or did he ever say it

COVID19: At 122, Cyprus revels in new cases slowdown

Aftershocks rattle Cyprus after major tremor

COVID19: Cyprus conducts 1.3 mln tests, among highest in EU

COVID19: One in 10 patients died in January