Response to EU action on sugar stocks? Exports of soft drinks have been booming this year, but finding a producer who wants to boast about it is proving a mystery. According to data from the Statistical Service, exports of soft drinks rose to 3,821,549 litres in the first four months of 2005, compared with only

Global Consolidator, formerly Globalsoft, reported that during the first quarter of 2005 it lost CYP 150.527 compared to CYP 367.183 losses in the same period a year ago, but managed to stabilise the situation with respect to ongoing operations, where losses were the same. A year ago in the first quarter, GLC had lost CYP

CyTA introduced its new tariff policy on fixed telephony and monthly rental fees, which will go into effect as of June 1, 2005 in a major overhaul of its fee policy based on flexibility and providing the customer the option to choose from multiple packages. CyTA Chairman Stavros Kremmos said that the whole pricing policy

The CSE Council announced the new composition of the FTSE/CySE 20 large cap index, which was made on May 16 by the Advisory Committee with the participation of a representative of the FTSE Group. The Advisory Committee reviewed the operation of the index for the six month period between October 2004 until March 31, 2005.

The Greek Sale at Sotheby’s fetched GBP 2.86 mln in the Spring auction in London on Thursday of modern and past masters, contemporary and 19th century Greek painters. The highest price went to Nikiforos Lytras’ oil on canvas “In the Kitchen” from a private collection in Scandinavia, that sold for GBP 422,400, three times the

Vasso Michael, a trainee accountant at PricewaterhouseCoopers, won the highest award worldwide for her paper on Advanced Corporate Reporting, in the December 2004 exams for the chartered certified accountant qualification. ACCA honoured Vasso Michael at a ceremony in London last week, where the association’s Vice President awarded her the prize for “Paper 3.6 winner”. Evgenios