EU leaders on Friday unanimously supported calls for a cut in roaming rates charged by mobile phone companies. The European Commission has recently upped the pressure on companies, saying that it will impose legislation if a negotiated agreement cannot be reached. Companies operating in southern Europe are thought to benefit more from high roaming charges

Vision International People Group Public Ltd. announced the expansion of its operations to Armenia through the establishment of Armenia Vision LLC, a wholly-owned subsidiary. The aforementioned company operates the downstream selling and distribution activities of the Company and commenced trading on March 25, 2006 from its new centre in Yerevan. In a separate announcement, Vision

Laiki Bank Group Chairman Kikis Lazarides inaugurated the bank’s new head office at Laiki House in Sydney during a ceremony last week attended by Cyprus Culture and Education Minister Pefkios Georgiades, officials from the Australian federal government, diplomats and business people. Also among the dignitaries was Archbishop Stylianos of Australia who presided over the blessing

The Cyprus Stock Exchange announced the suspension of trading of the titles of K&G Complex Public Company Ltd from Monday, March 27, 2006 until Friday, March 31, 2006 (included) following the Company’s request for a smoother completion of the transfer of shares to CCC Holdings & Investments Public Company Ltd and the dispatch of cheques

The Board of Directors of Phil. Andreou Public Ltd decided to approve the acquisition of shares in the subsidiary So Easy Kiosks Ltd. PHIL will acquire 40.000 shares of nominal value of CYP 1,00 in the wholly owned subsidiary company So Easy Kiosks Ltd, which will arise from a new issue. Although the purchase price