Cosmos Insurance Company Public Ltd (COS), the largest non-bank owned general insurance company in Cyprus, is pursuing an independent course, relying on its top quality service and innovative product range as the
Cement price freeze until March 2009, new production unit by end-2010  The merger of the island’s two cement producers will go ahead after the Commission for the Protection of Competition (CPC)
The International Accounting Standards Board (IASB) has recently issued guidance clarifying the extent to which pension scheme surpluses may be recognised as a balance sheet asset where there is a statutory or
Total advances and loans by all Cyprus banks galloped up at a 26% pace reaching CYP 13.62 bln (EUR 23.2 bln) at the end of June, according to figures released by the
Top Kinisis Travel subsidiary, Kinisis Aviation, is general sales agent for Continental Airlines that started direct flights from New York to Athens last month. The direct connection from Athens will open up
Moody’s Investor Service has revised higher the credit rating of Cyprus on foreign currency from “A2 Positive†to “A1 Positiveâ€. According to a statement issued by the Ministry of Finance, Moody’s also
Personal in Paraguay has awarded Ericsson a contract to expand, modernize and upgrade its GSM network with mobile softswitch, to efficiently increase coverage and capacity nationwide. Ericsson’s Mobile Softswitch Solution will upgrade
The leading Serbian mobile operator has chosen Nokia Siemens Networks for the supply and implementation of its GSM network extensions and 3G WCDMA network with HSPA (High Speed Packet Access) functionality and
Lycos Europe N.V., one of the leading European portal providers and online advertisers, today published its unaudited condensed consolidated interim financial statements for the first half year 2007. The EBITDA of the
Demand for electricity stood at 995 Megawatts on Tuesday morning, with the total available production being 1,006 Megawatts, as Cyprus is still sweltering in a heat wave and occasional blackouts have been
