BP Eastern Mediterranean has signed a fuels storage agreement with the Cyprus Oil Terminal Ltd., formerly the Cyprus Petroleum Refinery Ltd,. in Larnaca for 25,000 cubic metres in extra storage capacity, to
CLR Securities & Financial Services, a member of CLR Capital maintained its lead as the brokerage firm with the biggest market share, lifting its market share in February to 18.44% and since
Chemicals boom Industrial output rose year on year for its second consecutive month in December 2004, rising by 2.5% compared with December, following a 4.3% year-on-year increase in November. Manufacturing rose year
The CSE misery has officially ended, following the announcement of the preliminary 2004 results, showing that the combined results of the listed companies is now in profit, the first time since 2000.
The Industrial Output Price Index reached 114.2 units in January 2005, using a base of 2000=100. Although the month-on-month increase was mild, at just 0.4% compared with December 2004, the year-on-year increase
Majority state-owned airline Cyprus Airways (CAIR) announced net losses after of CYP 33.5 mln in 2004, a 160% increase on the losses of CYP 20.9 mln recorded in 2003. The huge losses
The majority shareholder of Quantum Corp. (GLO), Athanassios Ktorides announced the intention to submit a public takeover bid, seeking 100% control of the company, offering shareholders CYP 250 per share in cash.
