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.
Most of the flights of national carrier Cyprus Airways flights were grounded Tuesday when cabin crew went on indefinite strike after layoffs were announced a day earlier. Passengers were delayed by several
Cyprus on course for the euro According to preliminary general government fiscal accounts for 2004, which are calculated according to EU norms, the budget deficit fell to CYP 306.3 mln, or 4.2%
Lumiere TV Public Co. Ltd. (LTV) has tabled applications seeking a dual listing of its shares on the Cyprus and Athens Stock Exchanges. Marios Hadjiyannakis, General Manager of Egnatia Financial Services, the
Equity prices stabilised on the Cyprus Stock Exchange and staged a 1.4% rebound on Tuesday, with the GENX closing 1.41% firmer at 84.42 points, and the Main/Parallel ending 1.43% higher at 1179.10
A. Tsokkos Hotels Pcl (TSH) released its 2004 results posting a 2.6% increase in revenues to CYP 18.05 mln with income advancing by 2.6% amid higher local revenues associated with the opening
A. Zorbas & Sons Public Co. Ltd. (ZRP) reported a 30.5% increase in turnover reaching CYP 26.0 mln in 2004 on the back of higher revenues per shop and the operation of
Vision International People Group Public Ltd. (VIP) delivered another set of satisfactory results, boosting net profits by 24% to USD 7.96 mln in 2004 from USD 6.41 mln in 2003 on the
The Statistical Service announced that the Harmonised Index of Consumer Prices (HICP) recorded an increase of 2.8% in January 2005,compared to the corresponding index of January 2004. The sharpest fall compared with
