CSE approves White Knight offer by SFS

The Cyprus Stock Exchange approved the Public Offer Document by SFS Group Pcl (SFS) seeking to acquire up to 100% of the capital of  White Knight Holdings Pcl (WKH) and granted permission

Industry has strong start to the year

The index of industrial production for January 2007 reached 104.2 (Base 2000=100), recording an increase of 2.4 % compared to January 2006. For manufacturing, the index for January 2007 reached 91.5 units,

Ericsson to expand Turkcell’s network

Ericsson and Turkcell announced that they have signed a contract to enhance network capacity in Turkey. Turkcell is Turkey’s leading operator, with more than 12,000 base stations, and provides network coverage to 97.2

Imports up 8.8%, exports down 9.5% in 2006

Total imports/arrivals (covering total imports from third countries and arrivals from other Member States) amounted to CYP 3,226.9 mln in 2006, as compared to CYP 2,966.8 mln in 2005, showing an increase