Cyprus petroleum sales flat in 2007

Total sales of petroleum products in 2007 remained at the same levels as in 2006 according to the latest figures from the Statistical Service Cystat. Whereas there were higher sales of unleaded

Cyprus industrial output prices up 3.9% in 2007

Industrial output prices rose by 3.9% in 2007, compared with consumer price inflation (and EU-harmonised consumer price inflation) of 2.4% in 2007. The industrial output Prices index for December alone reached 130.9

SocGen braced for fresh criticism

Societe Generale (SocGen), hit by massive losses it blamed on rogue trades, braced for fresh criticism on Tuesday after a government report highlighted major failings in its risk controls. Bank of France

CTC to proceed with restructuring plan

…CTC Scandia becomes “autonomous” Cyprus Trading Corporation Plc (CTC) is to proceed with the implementation of its broad based restructuring plan in line with a previous decision taken by the Board of

Aspis Holdings to pay 4 cent dividend

The Board of Directors of Aspis Holdings Public Co Ltd (ASP) has declared a 4 euro cent interim dividend, with the cum-dividend date set for February 11, 2008. The payment of the

C.B Holdings bids for Caramondani Bros

The Board of Directors of C.B Holdings Limited announced that it has proceeded via pre-agreed package with the purchase of 4,355,308 shares of Caramondani Bros Public Company Limited that corresponds to 43.45%