Woolworth invests in Limni Resorts

Woolworth (Cyprus) Properties Public Ltd has invested in Cyprus Limni Resorts & Golfcourses Plc with the acquisition of the share capital of N.K Shacolas Merchants Ltd At a meeting held on December

Slovenia’s countdown to the euro

With only ten days to go before Slovenia adopts the euro, the final practical changeover preparations are well under way and everybody, from the banks to the retail sector and consumers themselves,

Post faces CYP 50.000 fine

… as monopoly on small mail scrapped from 2009   The Telecom and Post Regulator has decided to impose a CYP 50.000 or EUR 87.500 fine on the Postal Service for not

LOT to increase weekly flights from 3 to 4

LOT Polish airlines will increase the number of flights between Warsaw and Larnaca from three a week to four due to greater demand on this route. Poland’s Ambassador to Nicosia, Zbigniew Szymanski,

Papantoniou declares interim dividend

The Board of Directors of CAC Papantoniou (PAPA) having reviewed the Group’s activities came to the conclusion that the financial results for 2006 are expected to show improvement compared to the corresponding

JP Morgan ups Bank of Cyprus target

JP Morgan has revised higher its price target on Bank of Cyprus Pcl (BOCY) shares from EUR 13 to EUR 14, but notes that there are increasing risks as regards a lower