Business - Page 2193

Nuremberg (dpa) – A German court has jailed for four and a half years a cellphone dealer who altered the software in thousands of mobile phones, some stolen, to cheat telephone firms.

Panos Galanos, Executive Chairman of the Hellenic Bank Group submitted his resignation from the Board and from his executive duties following a show-down with the Church. Hellenic Bank announced that Galanos will

F.W. Woolworth Cyprus Ltd. (FWW) announced its first quarter results recording a net profit of CYP 575.000, representing a decline of 33.9% year-on-year compared to a year ago. Earnings per share fell

A. Tsokkos Hotels (TSH) released its first quarter results posting a 30.4% year-on-year decrease in revenues to CYP 1.13 mln, primarily due to lower revenues received from local operations as fewer hotel

Vision International People’s Group Public Co. (VIP) reported that group turnover for the three months to 31 March, 2005, declined 23% y/y to USD 24 mln to USD 31.2 mln in the

Orphanides Public Co. Ltd. (ORF), the island’s largest retailer reported an impressive growth in both sales and profits during the first quarter as it shifted to private labeling and own imported goods,