Orphanides makes new takeover

Orphanides Pcl (ORF) signed an agreement for the acquisition of the assets and commercial operations of NKK Froutaria Deluxe Ltd. (NKK) that operates a supermarket in Geri, Nicosia. Specifically, the Company signed

Prochoice breaks off deal with Acropolis

The Board of Directors of A.L. Pro Choice Group Pcl (PROP) decided to withdraw its interest in cooperating with Acropolis AXEPEY after the company became the subject of an investigation ordered by

Petroleum sales down in January

The total sales of petroleum products decreased by 8.9% compared to December 2006 and by 7% compared to January 2006. The stocks at the end of the month fell by 12, 2%

CSE extends Cytrustees public offer

The CSE Council would like to inform the investing public that pursuant to Regulation 9(4) on Mergers and Acquisitions, it has permitted the publication of the Public Offer Document of Laiki Investment

Marfin to raise EUR 5 bln in new capital

The Board of Directors of Marfin Financial Group decided the terms of the capital increase that the General Meeting will propose on Thursday, March 29, 2007. The meeting is expected to approve

Global markets head south

The equity market correction is by far not yet complete, indicated by the widening spread between cash and equity market future indices, implying that investors did not get quickly enough out of