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October 2013

Transcript of IN Business Magazine

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    Brought to you By

  • 2013in business awards

    Business Awards -. , , - .

    - , , (), , .

    1.85 , , Cyprus Business Angels Network (CBAN).

    Andrey Dashin, Forex Time, - . , , .

    2nd CIPa International Investment awards

    CIPA International Investment Awards, , , .

    10| newsbrief 12| Companies/industries & People : - ! E-commerce: Must : : ENGINO: In brand: Aphrodite Delights 16| Ormita Commerce network: Barter is King 18| : 20| CYTA sAP AMs: All in one 22| Azadea Group: Gap- 24| Carob Mill Restaurants: vant-garde 26| : , managing director, Insight Market Research, private labels. 28| ORb: - 30| 7 & Logistics: : 32| Around the Globe 34| - 35| Business Agenda

    www.inbusinessnews.com

    Features

    76

    nthly Briefing

    Last PageNumbers & Stats

    in business 92, 2013

    146

    4 IN BUsINEss

    36

    CovEr storIEs

    Young in business 60 - , , , , -.

    84

    80

    a INvEsTORs IN PEOPlE

    81 www.inbusinessnews.comwww.inbusinessnews.com80 IN BUSINESS IN BUSINESS

    H , -, . , , -. , , , . , , - , , (Cyprus

    Business Angels Network - CBAN), . - - - CBAN. , - , ,

    .

    - , . , -: , - ,

    , , , - .

    , , - . . ,

    - : - , - . , , - -

    , , , -, : . , , , . , - . - . , - . , .

    Cyprus Business Angels network (CBAn) - , , - . - - . - 1.85 . | : jo miChAelides

    CyBAN

    CyBAN 35 , 20.000

    500.000

    t Cyban

    Orthodoxou Travel & Tours ltd, - IN Business.

    sPECIAl ADvERTIsING FEATURE

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    40NdEr

  • www.inbusinessnews.com

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    art director: ia: Jo Michaelides, Harris Kyprianou

    & OPERATIONS

    : advertising executive: MarKeting executive : : Y : : cassouLides MasterPrinters

    . 22505555, [email protected]

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    : 54 | : 77 : , [email protected]

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    : John vickers senior editor: dvertising executive:

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    60 , , , , .

    40NdEr

    www.ImhbuSINeSS.Com .

    77777741.

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  • www.inbusinessnews.com8 IN BUSINESS

    A editorial

    To , , -. -,

    60 , - 40 - 45 6 Business Awards. under

    40, -, . : -, . - -. , , . ,

    N Business - , , -, , 40% .

    . , .

    . - ! - -, - , . - , , - . - young entrepreneurs!

    , - 45 , , , IN Business Awards . - , - , , . Business . - - - . , , , , , . , usiness . . - - . - , , .

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    in business awards 2013 ! . 36

    U60

    Young in business

    60 , , , , .

    40NdEr

    1. ! - - - coverstory - . under, , ;

    .

    , , .

    ! 60 40! - ; ! under !

  • We imagined an 18K red gold diving scale so perfectly bonded with a ceramic watch bezel that it would be absolutely smooth to the touch. And then we created it. The result is as aesthetically pleasing as it is innovative. You would expect nothing less from OMEGA.

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    NEWSBRIEF |

    MONTHLYBRIEFING

    - J&B Ladenis Bros Minerva Cyprus Ltd & - .. Minerva,

    100%. - , . - 50.000, 50.000 1 .

    MINERVA

    10 IN BUSINESS

    HYBRID ADVERTISING ALLIANCE

    he Hybrid Advertising Alliance. - - Telia & Pavla BBDO, Appios Communications, Media Lab, The Worx Forthdesign, .

    (telemarketing), - . : Nielsen

    CYVIEW

    - , Cyview, -, Cyview Court 23. Hilton - , - 16 roof garden. - Cyview, , - . , , .

    GREEN DOT K

    15.000

    31 , , T - Green Dot K-, IN Business

    - . , - , , 15.000 . - : 1. 2. 3. / 4. - 5. - 6. 7. - 50%-50%. , , Green Leader Award . -, , .

    EUROSUCCESS CONSULTING

    , - , Eurosuccess Con-sulting 22 31 , Limanaki Beach Hotel, . , (projects) . . , , -, , , , , R&D, , - . - - Knowledge Training & Consulting Ltd.

    10 2013

    ()DOvE 620.882CaRREFOuR S/M () 516.593 513.982 490.929 FREDERICk 402.321 () 346.592LILD () 319.032JuMBO 314.608 () 284.474. 204.556

    195.000

    600 - - - - - .

    - 2011.

  • MONTHLYBRIEFING

    iPhone

    11 www.inbusinessnews.com IN BUSINESS

    LOUIS VUITTON

    , Louis Vuitton, . - , , . , - .

    2014 - Aegean Air . Aegean - 2014 o --

    , - . , -.

    2.800 - 40 , , - .

    AEGEAN IR

    T

    NESPRESSO NlINE

    - ,

    Nespresso. online shop - 24, , 21 grand crus .

    ANDREOU & PARASKEVAIDES

    - Pepsi, 7up Andreou & Paraskevaides. - - - .

    , - , , .

    iPhone Procter & Gamble

    Home Depot Microsoft

    Johnson & JohnsonUnited Tech

    Caterpillar Pfizer

    Intel Cisco

    Coca Cola

    0 10 20 30 40 50 60 70 80 90 100

    ( 12 $ )

    , Steve Jobs, -

    - Apple

    . , iPhone 5s 5c , 9 - .

    -, iPhone, - , .

  • www.inbusinessnews.com12 IN BUSINESS

    Companies, Industries & People

    MONTHLYBRIEFING

    ! - 4 - , Aon Hewitt.

    - - - - - . Aon Hewitt, 93% - , , , , , . 60%, , , ,

    , 20% , -, . , 17%, - . , , . -, , - , , - , .O -

    , ,

    , , , -: .

    , - , . 2008 - 1,8%, . 2013, , .

    nt

    Aon Hewitt

    17%

    -

    //

    93%35%25%

    20%

    5% 4% 4%

    3%3%

  • www.inbusinessnews.com IN BUSINESS 13

    brands

    : Jonathan Saunders, Temperley, Fausto Puglisi,

    Joseph, Gina shoes, M Missoni, Theyskens Theory, Theory, Emma

    Cook, Pierre Balmain, Baby Dior, Monnalisa, Stella Mc Cartney, US Polo,

    Bikkenbergs Juicy Couture.

    E-commErcE: mUSt

    Must Boutique, 1997, - - , , .

    A - 70% , - . - . 80% - 90%, , , , , . -

    - : , , , . , , e-commerce , . Must Boutique

    , door to door , Akis Express.

    :

    , , Eurogroup . - , ,

    4 Limassol Economic Forum - 26 - -. , 10 . Eurogroup ; - , - , - . , , . , , -, . ; - , , - , . ;

    ; -, . . , , . , , , .

    ENGINo

    Tillywig 2013 Ecobuilds - Engino Play to Invent.

    , - , . , , - . , - . Engino , , - , regional manager Engino.net Ltd, . , Ecobuilds -

    - , - Engino

    , . , , ,

  • . -- . - , . 2014 , - , , . Engino

    . , , -: , , .

    , Engino.net Ltd 2004 . - . 2007, :

    14 IN BUSINESS

    MONTHLYBRIEFING Companies, Industries & People

    www.inbusinessnews.com

    H

    AphrodItE dElIGhtS

    , , , .

    .

    , , .

    . , .

    , .

    , .

    , , Aphrodite Delights Ltd.

    Aphrodite Delights

    - .

    Aphrodite Delights, -

    - .

    .

    time ut

    ating wards.

    iSo 22000 ,

    26

    ,

    .

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    2004 2007 2010 2011

    1895 , .

    to 2004 GUINNESS, , . .

    to ecobuiLDS

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    ,

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    , , ,

    ,

    .

  • www.inbusinessnews.com IN BUSINESS 15

    2009 , , . , - . , , , Ecobuilds. ,

    , Engino - . Engino

    ,

    - . . Engino Robotics Platform

    , , -

    . , , , .

  • www.inbusinessnews.com

    Companies, Industries & People

    MONTHLYBRIEFING

    ORMITA COMMERCE NETWORK

    16 IN BUSINESS

    Barter is King , , - Ormita Commerce Network, 23 , .

    30%

    Ormita, CEO, , 220 - - ,

    , . - , -, , . Ormita . - barter -, . - , , . , - , . ; - ,

    , - .

    , - , , : . . - . , - , , -.

    , - , . ; , - , , , . -, Ormita, - - -

    ormita.indd 16 30/09/2013 17:18

  • www.inbusinessnews.com IN BUSINESS 17

    , , - . Ormita ; Ormita - . - , . -, Ormita, 7% , 14% . - -; 24 220.000 , .

    , -. , , : , -, , , , , , , , , -, . ; Ormita - -. , , .

    - , - - , , -, . - ; Ormita . , - , , - , - . , -

    , Ormita, . , ,

    . Ormita , , - , , -, . , , , , . . -; Ormita - , - - - , , - , - . , , , . - . - ; - , . , -

    , , . 30% - .

    ; . - 25025092 , . - . , , 24 - , . : www.ormita.com.cy

    ORMITA 220.000

    ,

    ,

    ormita.indd 17 30/09/2013 17:18

  • -

    , , , - -, - . .

    marketing management C, 1978, -, - . o 1988 - 1992. . 2001 - - , .

    - . - - - - Mediterranean Institute of Management

    - .. - .

    , , 1986. - ,

    - . -, . . 2009 - .

    BSC (Hons) - . ,

    , - - -. -

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    - . , , , -. State University

    - -. 1985 - -, , -

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    - - , . , , -

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    www.inbusinessnews.com

    Companies, Industries & People

    MONTHLYBRIEFING

    MANAGEMENT

    18 IN BUSINESS

    All the Presidents WOMEN

    , , , . , , , , , .

    women of president.indd 18 30/09/2013 17:19

  • Zenith_HQ Visual: Ch1969Steel Magazine: INBUSINESS (CY) Language: English Issue: 4.5.2013Doc size: 210 x 280 mm Calitho #: 04-13-85672 AOS #: ZEN_04893 FM 23.4.2013

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  • E Subscription-Based Hosting for SAP Business All-in-One, - . , , -, , , - . , - Cyta. , - SAP, , . , - Cyta, .

    www.inbusinessnews.com

    Companies, Industries & People

    MONTHLYBRIEFING

    CYTA SAP AMS

    20 IN BUSINESS

    All in one , -. . , Cyta, SAP AMS (Advanced Management Solutions) - - , Subscription-Based Hosting for SAP Business All-in-One, SAP Business All-in-One cloud .

    , - , . , . - .

    - . , . -, , . : -. , ( infrastructure). SAP . , - , , . T , - SAP.

    - - . , , , , , . - - - . SAP, , - , -. cloud

    , - , . , : . .

    .

    Cyta.

    SAP. -

    .

    cyta.indd 20 30/09/2013 17:08

  • , - , , cloud . -.

    , COUNTRY SALES MANAGER, SAP CYPRUS

    Cyta, - , - , -, o cloud. , - , . Subscription-Based Hosting for SAP Business All-in-One, SAP,

    , - , . , -, . Cyta - , - .

    , , CYTA

    , - . cloud , - , .

    , - , , . , , , (hacking) (-). cloud .

    , , AMS

    21 IN BUSINESS www.inbusinessnews.com

    , , ,

    cyta.indd 21 30/09/2013 17:08

  • , - - -

    . , Imad Maatouk, group markets manager Azadea, - -: brand . Maatouk, . , ; , - lifestyle. 50 brands 15 , , . 1978

    , - , , , - , , Zara, Bershka, Massimo Dutti Gap. franchise Gap; brand

    Gap . - , - . . ; Azadea - , . , . Gap , . - . ; Gap , brand - , . ; brand , , - , . , , -, . -, brand , - .

    www.inbusinessnews.com

    Companies, Industries & People

    MONTHLYBRIEFING

    AZADEA GROUP

    22 IN BUSINESS

    GAP ,

    GAP-

    franchise Gap Azadea, - - My Mall , .

    gap.indd 22 30/09/2013 17:10

  • www.inbusinessnews.com24 IN BUSINESS

    van

    t-ga

    rde

    Carob Mill restaurants

    avant-garde !

    .

    .

    .

    CAROB MILL RESTAURANTS Ltd

    H Carob Mill Restaurants Ltd 2002 N.P. Lanitis Ltd ( )

    PNS Restaurants Ltd. N.P. Lanitis

    1896 PNS Restaurants

    1997

    2012 Carob Mill Restaurants Ltd

    Carob Mill Food Supplies Zorbas Lanitis Food Point.

    Carob Mill Food Supplies

    , ,

    . Zorbas Lanitis Food

    Point - .

    H : 4 -, 1 lounge caf-bar, 1 microbrewery bar-

    restaurant, 14 take-away utlets ()

    - catering

    ,

    .

    To 2011 Carob Mill Restaurants LTD -

    Richard & Berengaria Ballrooms

    -, ,

    .

    685 .., - -

    - , , -, , - .. -

    - ,

    .

    Gala dinner

    .

    Cyprus Maritime

    Conference 2003

    -

    -

    UEFA

    ,

    ,

    Jos Manuel Barroso

    Richard & Berengaria Ballrooms

    CAROB MILL restaurants

    , Carob Mill

    Restaurants .

    Grand Canal, -

    .

  • 2012, Carob Mill Restaurants, :

    22 35 13

    13.200

    KoYZina Z

    take away 2004.

    2012 - .

    14

    . take away

    .

    stretto Cafe 2002 130 Tip caf,

    draught MiCrobrewerY o 2002 230

    o 1999 170 Trip Advisor , 2013

    Tip , !

    La Pasteria Il Gusto Italiano

    KaRaTEllo CypRUS TavERN o 2002 , 300 Trip Advisor , 2013

    Tip -

    Ryans Bar & Grill o 1997

    160

    artima Bistro 2002

    120 Time

    Out Eating Award, 2008 Trip Advisor

    , 2013

    www.inbusinessnews.com IN BUSINESS 25

    TIp 2013

    Ryans bar

    -

    TIp

    ,

    DJ

    TIp

  • - , - , , - . - , , , , . , ,

    - Lidl ,

    -. - - . , - - ,

    .

    - , Insights Market Research (IMR), IMR Market Trends, - .

    , , - , , . , IMR Market Trends

    -, - , - . , , - , . , , , . , , , , .

    , - - . , , - . , - - , , - . , , .

    Private labels - , , - , 8 10 . , .

    www.inbusinessnews.com

    Companies, Industries & People

    MONTHLYBRIEFING

    26 IN BUSINESS

    Private labels : , . , MANAGING DIRECTOR, INSIGHT MARKET RESEARCH | : JO MICHAELIDES

    , ,

    kokkalou.indd 26 30/09/2013 17:14

  • , , - , - , - . - .

    ,

    , - . , loyalty , -, .

    -. , -

    - , , - . , , , - - . , - .

    Insights Market Research.T: 22265150, : 22256530 e-mail: [email protected]

    LOYALTY

    ,

    ,

    kokkalou.indd 27 30/09/2013 17:14

  • H ORB, , , -.

    2013, - - . -, branded content. , -

    , - , , . . ORB -

    , . , , performance branding, brand 365 : - brand -, , . , , - , . ORB,

    , branded content ,

    www.inbusinessnews.com

    Companies, Industries & People

    MONTHLYBRIEFING

    ORB

    28 IN BUSINESS

    ORB, marketing communication boutique, director, - , performance branding - - branded content . ;.

    | : HARRIS KYPRIANOU

    . , , , - ;, Lidl.

    -

    branded content; branded content -, 1930. : ORB , -, - . , , brands - . , .

    marketing outsourcing, - . marketers, - , , project -.

    ORB , - ;, , . , , - project - branded content -

    , . , , , : - . -, . , , , - ORB , , , - .

    orb.indd 28 30/09/2013 17:17

  • www.inbusinessnews.com

    Companies, Industries & People

    MONTHLYBRIEFING

    7 & LOGISTICS

    30 IN BUSINESS

    31 20%

    : FMCGs , , deals logistics. , 7 - & Logistics, 21 , - outsourcing , , .

    deals 7 & Logistics -, 300 , -, , outsourcing - - , . , - , . -, logistics, , , - , - . - , FMCGs . , , . , -

    . , : , -, logistics, perations managers, , , , marketing , , project managers, MIS .

    - : , , logisitcs 3rd Party Logistics (3PL) Merchandizing - .

    logistics.indd 30 30/09/2013 17:17

  • :

    www.inbusinessnews.com IN BUSINESS 31

    case studies , - 12 , - . , , FMCGs, , - . , -, case studies - .

    INFO 7 - & Logistics : 21 2013: Hilton Park, : PLANNING: PwC Powersoft Computer Solutions Ltd : - . : IMH: . 22505555, e-mail:[email protected], website:www.imhbusiness.com

    7

    2012 :

    & LOGISTICS,

    :

    15

    380

    12

    300..

    1

    logistics.indd 31 30/09/2013 17:17

  • www.inbusinessnews.com

    Around the globe

    : BLOOMBERG BUSINESSWEEK

    : BBC

    32 IN BUSINESS

    O - -, 30 , .

    , , 1983, . : ; 30 ; ; , , 2050 75% - .

    2050

    -

    ,

    , -

    -

    -. GPS

    .

    -

    . , ,

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    .

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    . - 3D . , , , , -

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    ;

    , , , - ; - Bloomberg Businessweek:

    13

    10

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    9

    8

    7

    6

    5

    5

    3

    3

    3

    ATG.indd 32 30/09/2013 17:05

  • www.inbusinessnews.com IN BUSINESS 33

    O , United, Lufthansa British Airways,

    - . , , , . , , - - - - , .

    : CNBC

    2011 - 2012

    Vueling Airlines

    Lion Air

    IndiGo

    Spirit Airways

    Allegiant Air

    All Nippon Airways

    Turkish Airlines

    Norwegian

    Emirates

    Virgin Australia

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    40,4%

    34,6%

    34,6%

    25,3%

    25,3%

    24,3%

    24%

    22,5%

    18,4%

    18,3%

    53.5

    WARREN BUFFETT 2013

    Google hate crocs - brand . -, YouTube

    - blender! ,

    47%

    Crocs Inc., -, - -, . - ., ,

    CEO , John McCarvel, - - . -

    crocs. , - , . -, , - -. , - , McCarvel.

    H

    Converse, FOX - -

    - The Simpsons

    - - Bart Simpson. Converse ,

    , ,

    Batman.

    SIMPSON

    : : BLOOMBERG BUSINESSWEEK

    CROCS:

    : FINANCIAL TIMES

    APPLE: , KAI SMARTPHONES

    KINA0

    5

    10

    15

    20

    25

    30

    2 2013 (%)

    2

    7

    0 50 100 150

    Apple

    Google

    Tencent

    Samsung

    $

    ATG.indd 33 30/09/2013 17:05

  • MONTHLYBRIEFING

    06

    04 500 SOCIAL MEDIA MARKETING TIPS: Andrew Macarthy: CreateSpace Independent Publishing Platform , social

    NEWSTAND

    01BLOOMBERG BUSINESSWEEK

    Holy ship - . -, Maersk, Daewoo, Triple E. 185 , 1.312 194, 55.000 . , , 2014. - .

    02The world according to Putin

    -, Vladimir Putin: - , . Putin , . -, , .

    03GoldCyprus Banking in Transition

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  • www.inbusinessnews.com IN BUSINESS 69

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    www.inbusinessnews.com74 IN BUSINESS

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  • IN BUSINESS 77

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  • 81 www.inbusinessnews.com IN BUSINESS

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    84 IN BUSINESS

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  • www.inbusinessnews.com IN BUSINESS 85

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  • 87 IN BUSINESS

    coffEE chaINS IN cyprUSadvertising feature

    87 IN BUSINESS

    investors in people

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    . , , , , Investors in People (IiP).

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    , - 88 partner head of consulting services Deloitte, 92 . ARISTOTELOUS CONSTRUCTION 96 ACS AIR COURIER SERVICES (CYPRUS) 98 100 ELYTRONIC 102 EUROLIFE 104 EUROPEAN UNIVERSITY CYPRUS 106 FIRST NAMES (CYPRUS) 108 HERMES AIRPORTS 110 & 112 INFOSCREEN 114 INTERSHIP NAVIGATION 116 LOIS BUILDERS 118 MUSKITA HOTELS LTD (FOUR SEASONS HOTEL) 120 122 124 PRIMETEL PLC 126 PwC (PricewaterhouseCoopers) 128 130 132 (HYPERION SYSTEMS ENGINEERING GROUP) 134 .. 136

  • www.inbusinessnews.com

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  • INVESTORS IN PEOPLE Investors in People :

    /

    Deloitte (Gold Recognition) 9/11/2011 8/11/2014

    Deloitte Limited (Cyprus) 4/12/2008 3/12/2011

    PricewaterhouseCoopers Limited (Gold Recognition) 6/12/2012 5/12/2015

    PricewaterhouseCoopers Limited (Silver Recognition) 15/11/2011 14/11/2014

    PricewaterhouseCoopers (Cyprus) 21/12/2008 20/12/2011

    Four Seasons Hotel Cyprus (Bronze Recognition) 21/9/2012 20/9/2015

    Four Seasons Hotel Cyprus 5/8/2009 4/8/2012

    Bank of Cyprus Public Company Ltd 9/12/2009 8/12/2012

    European University Cyprus (Administration Function) 2/8/2013 1/2/2016

    European University Cyprus (Administration) 16/2/2010 15/2/2013

    O. G. Chakarian Ltd 12/4/2010 11/4/2013

    C. A. Papaellinas Ltd 11/11/2011 10/11/2014

    CTC Automotive 12/1/2012 11/1/2015

    University of Nicosia (Administration) 16/1/2012 15/1/2015

    KPMG Limited 25/4/2012 24/4/2015

    First Names (Cyprus) Limited 15/10/2012 14/10/2015

    Vassos Eliades Ltd 21/10/2012 30/10/2015

    FxPro Financial Services Limited 22/10/2012 21/10/2015

    InfoScreen Cyprus Ltd 26/10/2012 25/10/2015

    Intership Navigation Co. Ltd 31/10/2012 30/10/2015

    GJK HealthPharma Services Ltd 30/10/2012 29/10/2015

    Cyprus Employers & Industrialists Federation (OEB) 2/11/2012 1/11/2015

    A. Aristotelous Construction (Main Operations) 5/11/2012 4/11/2015

    Grant Thornton (Cyprus) Ltd 6/11/2012 5/11/2015

    Amathus Corporation Ltd 6/11/2012 5/11/2015

    Amathus Travel Ltd 6/11/2012 5/11/2015

    PrimeTel Plc, Customer Service Department 6/11/2012 5/11/2015

    C. A. Papaellinas Emporiki Ltd Alpha Mega Hypermarkets 7/11/2012 6/11/2015

    Strovolos Municipality 7/11/2012 6/11/2015

    Hyperion Systems Engineering Ltd 9/11/2012 8/11/2015

    Limassol Municipality Administration 12/11/2012 11/11/2015

    ACS Air Courier Services (Cyprus) Ltd 13/11/2012 12/11/2015

    Cyprus University of Technology (Administration) 16/11/2012 15/11/2015

    Eurolife Ltd 16/11/2012 15/11/2015

    Elytronic Ltd 20/11/2012 19/11/2015

    Nobel Trust Ltd 23/11/2012 22/11/2015

    Ioannides Demetriou LLC 23/11/2012 22/11/2015

    General Insurance of Cyprus 29/11/2012 28/11/2015

    Hermes Airports Limited 8/11/2012 7/11/2015

    Sarikas TechnoPro Ltd Lifestyle Technologies 23/11/2012 22/11/2015

    Joannou and Paraskevaides Ltd 26/11/2012 25/11/2015

    Costas Papaellinas Organization Cyprus Pharmaceutical Organization Ltd 28/11/2012 27/11/2015

    Lois Builders Ltd 7/12/2012 6/12/2015

    /, Investors in People:

    /

    TNT Express (Cyprus) Ltd 16/10/2012 15/10/2015

    investors in peopleadvertising feature

    www.inbusinessnews.com90 in BUsiness

  • WWW.INBUSINESS.COM

    NEW AD INBUSINESS 20.8X28.indd 1 27/09/2013 2:52

  • investors in peopleadvertising feature

    Deloitte -

    - IiP, Partner Head of Consulting Services , -. : , -, -

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