Business - Page 1945

According to the Statistical Service Cystat, industrial output prices were stable in July, with the index reaching 122.4 (base 2000=100), the same as June 2006. However, industrial prices have generally been rising

Real GDP rose by 3.7% year on year in the second quarter and by 1.0% when compared with the previous quarter on a seasonally adjusted basis. The 1% quarterly growth rate was

Hermes Airports, the new airport owner and operator announced a major overhaul of parking facilities and rates effective September 11, 2006, which introduce free parking for a limited 2-minute period, but also

Big block share transfer of Laiki Bank shares to Marfin Finacial Group in August helped boost the market share of Egnatia Financial Services to a record 34.6%, but overall, CLR Securities &

Orphanides Pcl (ORF) reported that first half 2006 profit surged by 20% YoY to CYP 1.23 mln yielding an EPS of 1.52 cent. Revenue were recorded higher by 2.6% YoY at CYP

Egnatia Financial Services are maintaining their sell recommendation and price target of 14.5 cent on A. Tsokkos Hotels Pcl (TSH) following the release of the first half results, which showed a decline

Pandora Investments Pcl (PND) issued its 1H06 results posting an impressive increase in Net Profit to CYP 2.52 mln vs. CYP 937k in 1H05 (+169% YoY). The positive performance is attributed to