Blog - Page 4747

Marfin Popular sets conservative targets

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Marfin Popular Bank, the new entity to come out of the merger of Laiki Bank, Marfin Financial Group and Egnatia Bank, has set very conservative targets, which are likely to be met and surpassed, leading to increased wealth accumulation for all shareholders. During a teleconference with foreign analysts, Andreas Vgenopoulos, the strongman of the new

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Cyprus oil tanker fleet to list on CSE in November

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IPO to raise CYP 13 mln Ocean Tankers Holdings pcl will be the first sea-going shipping company to list on the Cyprus Stock Exchange on November 11, after raising some CYP 13 mln through an initial public offering of shares to double the fleet from the present three to six or seven tankers. Michael Ioannides,

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BOC to open 5 branches in Russia, Romania

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Bank of Cyprus Pcl (BOC) has ruled out takeovers in Russia and Romania where it has secured regulatory permission to expand, with a senior bank official telling Bloomberg that “in the initial stage, we shall open five branches.” BOC General Manager Yiannis Kypri told Bloomberg that the bank will open up to five branches in

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Research awards go to academics and private sector

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Emphasising the importance of research Both the academic and private sector were recipients of research awards given at the State Fair Greek Pavilion on Friday which took place as part of a wider award ceremony in the context of the EU-wide “Researcher’s night” on September 22nd, to promote science and research. Research awards were handed

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Cypriot-Bulgarian officials discuss tourism, trade and energy issues

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Commerce, Industry and Tourism Minister Antonis Michaelides and Deputy Minister of Economy and Energy of Bulgaria Anna Yaneva discussed issues regarding tourism and ways to promote trade and investment between Cyprus and Bulgaria. Michaelides and Yaneva also discussed issues regarding energy and especially renewable energy sources. Yaneva extended an invitation for an official visit to

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IOC’s Rogge satisfied with level of sport in Cyprus

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International Olympic Committee (IOC) President Jacques Rogge said Tuesday that sport in Cyprus is developing extremely well. Rogge is visiting Cyprus as part of an IOC delegation and inaugurated the Olympic House together with President Tassos Papadopoulos, whom he met in the morning. Rogge said he had a very good discussion with the President on

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