Cyprus Trading Corporation Plc, the core public company of the NK Shacolas Group, saw turnover drop from 443 mln euros in 2011 to 407.4 mln last year, mainly due to a decrease
Ermes Department Stores plc, the retail division of the NK Shacolas Group, saw turnover drop to 242.9 mln euros in 2012, from 259.6 mln a year earlier, with after-tax profits reduced to
Woolworth (Cyprus) Properties Plc, the property management and developer arm of the NK Shacolas Group, saw a small rise in operating profits from 17.99 mln euros in 2011 to 19 mln last
In an effort to enhance even more the Shipping infrastructure in Cyprus, the Cyprus Shipping Chamber signed an “Alliance of Cooperation” (AoC) with the Cyprus University of Technology on Friday in Limassol
Cyprus will overcome the financial crisis, President Anastasiades said on Thursday, noting that “we will survive because we are committed”. He added that he is determined to either succeed or resign. “I
The Parliaments of Cyprus and Russia have once more reaffirmed their excellent relations and willingness to enhance cooperation on a regional, bilateral and international level. President of the Cypriot House of Representatives
Cyprus is entering a new period in dealing with the difficulties of its banking sector, Government Spokesman Christos Stylianides said here on Thursday, commenting on the outcome of a Frankfurt meeting, between
Eurogroup’s unjust decisions imposed on Cyprus in March have by no means affected relations between Russia and Cyprus, President of the House of Representatives Yiannakis Omirou has stressed. Omirou is currently on
Cyprus is among the EU states with best performances on the Single Market Scoreboard. The European Commission announced Thursday the launch of the online Only Single Market Scoreboard, which incorporates comprehensive reports
The Bank of Cyprus board has decided to set a ceiling of 150,000 euros fro redundancy packages being offered to its 5,760 staff, with the aim of reducing the workforce by 1,200
