Cyprus motor regs up 10.6% y/y in Jan 08

Cypriots’ love affair with the car continued in January, with the number of motor registrations up by 10.6% to 5,672 in January 2008, compared with 5,128 in January 2007. Of this total,

Hermes Airportsawards ground handling contracts

Hermes Airports Ltd announces that further to the relevant tender process, the following Joint Ventures (JV) were selected for the provision of Ground Handling Services at Larnaka and Pafos International Airports: JV

Citi issues EUR12 target on Marfin Popular

Citigroup has maintained its “Buy” recommendation on the shares of Marfin Popular Bank Pcl with a EUR 12 price target following the release of the preliminary 2007 results. The Citi forecast is

Philoktimatiki declares dividend of EUR0.05

The Board of Directors Philoktimatiki (PES) decided to propose to the Annual General Meeting the continuance of the same dividend policy with the allocation of a dividend of EUR0.05 per share.  

Hellenic Bank expects better results

Hellenic Bank Public Company Ltd announced that the increase in the profitability of in the last quarter of 2007 is in line with the profitability of the first nine months of 2007,

Bank of Cyprus ups EMTN programme

Bank of Cyprus has decided to increase the size of its Euro Medium Term Note (EMTN) Programme from EUR2 bln to EUR4 bln. Under the EMTN Programme, the Bank has the flexibility

Ericsson hybrid energy cuts energy use in Uganda

Ericsson’s new hybrid energy solution for diesel and batteries has been selected by Celtel Uganda for reducing energy consumption in mobile networks outside the electricity grid and cutting network operating costs by