Wineries violated competition rules

The Commission for the Protection of Competition (CPC) has ruled that four local wineries,  ETKO, KEO, LOEL and SODAP violated competition rules as regards price fixing on the supply of 187 ml

Marfin 9M06 profits surge 249%

Marfin Financial Group announced 9M 06 consolidated Net Profit after Tax attributable to shareholders of EUR83.2m, an increase of 249% yoy. These profits correspond to earnings per share of EUR 1.626 for

Bank of Cyprus denies Piraeus talk

Responding to certain press articles published in the Greek and Cypriot press, the Bank of Cyprus Group denied that it is engaged in talks to extend any cooperation with Piraeus Bank or

Options Cassoulides profits up 21%

Options Cassoulides Pcl (OPT) reported a 21.4% YoY increase in net profit attributable to shareholders in the first nine months of the year, failing to justify the 143% increase in the value

Logicom profits surge higher

Logicom Pcl posted a strong set of 9M06 results with net profit surging 81% to CYP 2.6 mln or EUR 4.54 mln from CYP 1.5 mln in the same period a year

Piraeus may sell its Bank of Cyprus stake

Bank of Piraeus S.A. is in consultation with foreign investment houses for the disposal of its 8.19% participation in the share capital of BOC through a private placement according to Greek press