Orphanides Public Co. Ltd. (ORF), the island’s largest retailer reported an impressive growth in both sales and profits during the first quarter as it shifted to private labeling and own imported goods, which helped boost margins. Total turnover increased 7.19% in the first quarter of 2005 ending March to CYP 17.62 mln from CYP 16.44

Panos Galanos tendered in his resignation from the Board of Directors of Vassiliko Cement Works (VCW) following the Annual General Meeting of shareholders held on May 26. There was no official statement from Galanos as to the reasons why he resigned from his post, but analysts reckon that his resignation is directly related to a

It has been said that ”pictures don’t lie.” Police agencies in five U.S. municipalities are planning to use that to their advantage with the installation of their new Mobile Video Enforcer (MVE) digital camera systems from Motorola, Inc. Following the first implementation of Motorola’s MVE system this spring in Wilmington, North Carolina, municipal police agencies

Vassiliko Cement Works (VCW) announced a massive increase in first quarter profits on the back of higher cement demand and production, a milder winter climate and better cost controls. Total turnover during the first three months ending March 2005 jumped 22% year-on-year to CYP 10.32 mln from CYP 8.46 mln, as local cement sales surged