GREE, the Chinese giant in home air conditioners, has successfully penetrated the Cyprus market in the past 15 years, raising its share to a commanding 20%, with sales rising from 2,000 units in 2004 to an expected 28,000 by the end of this year, Celebrating this partnership between local distributor Masterstar and GREE Airconditioners, the

Eurofast Taxand was declared "The Cyprus Tax firm 2009" at the European Tax Awards ceremony held on May 19 at the Dorchester Hotel in London, hosted by the International Tax Review. The awards were determined by a panel from the Tax Executives Institute's European Chapter and ITR's editorial team following initial research canvassing the perspectives

The @lakati (Alakati) property project to be developed in the Lakatamia area, on the outskirts of Nicosia, will cost EUR 1 bln when completed, according to its project manager and venture shareholder Mikis Ioannou. “The construction work will cost about EUR 300-325 mln with the project expected to create 1,000 new jobs in the present

Leon beer, brewed and bottled by Photos Photiades Breweries, continues to gain popularity among locals and tourists as it saw sales rise to 5 mln bottles last year, or 1.65 mln litres, representing a market share of 4.1% among the local beers, dominated by arch-rivals Carlsberg and Keo. With its claim-to-fame being that it is

Opap Cyprus chairman Christos Hadjiemmanouil said that sponsorship is part of the gaming giant’s corporate social responsibility, with donations and aid given to sports, culture, education, the environment and welfare groups. Opap Cyprus sponsors the national football team, provides aid to Cypriot Olympic athletes and supports refugee clubs, cultural events, health and education projects. It

Hermes Airports is inviting volunteers to participate in the operational trials of the new Larnaca airport which will be carried out in September and October. Before its official inauguration in November, the new Larnaca International Airport will welcome a group of volunteers to the operational trials which will allow for the fine-tuning of the airport

The annual writing and photography competition awards organised by Cyta and Cymepa took place on Friday, where students received their prizes for best the work on the environment, with some of the articles already published in the European Environmental Education Foundation’s publications and on the Internet. The “Young journalists for the environment” programme is supported