Construction material prices edge up in Cyprus
The construction materials price index for July 2025 stood at 119.04 points, based on 2021 as the benchmark year set at 100 points, marking a negligible rise of 0.01 per cent co...
Cyprus
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Vassiliko Cement to build new alternative fuel storage site
The Environment Service has given the go ahead for a designated new alternative fuels storage site a year after a fire destroyed Vassiliko Cement plant’s original storage yard. ...
Vassiliko Cement donates land for bird breeding
Vassiliko Cement has donated four plots of land, amounting to an area of around 45,000m2, to environmental NGO Terra Cypria. The land, which falls within a ‘Natura 2000’ protect...
Vassiliko Cement fire caused by shredder
Vassiliko Cement suffered a fire over the weekend beause a tyre shredder ignited at the Cypriot cement plant. The director of the environment department, Costas Hadjipanayiotou,...
Cypriot MPs told few imported waste tyres are legally scrapped
Cypriot MPs were told by the Audit Office last week that about 35 per cent of scrap tyres imported into Cyprus every year pass through the port in Limassol without being subject...
Lamanka Enterprises acquires Akhangarancement stake
Cyprus-based Lamanka Enterprises Ltd has reportedly bought 84.197 per cent of the shares in Akhangarancement JSC in Uzbekistan. The stake was acquired for UZS557.6bn (US$52.7m) ...
Vassiliko Cement sees 9% increase in total income
Cyprus’ Vassiliko Cement has seen an 8.9 per cent YoY increase in total income to EUR53.99 for the first six months of 2019, compared with EUR49.6m in the year-ago period. Profi...
Vassiliko Cement reports rise in domestic sales for 2018
Cyprus-based Vassiliko Cement has reported a 17 per cent rise in cement sales to the domestic market in 2018. However, total income fell 4.4 per cent YoY to EUR97.9m from EUR102...
Cyprus sets 24% reduction goal in greenhouse emissions by 2030
The government of Cyprus has approved a draft National Plan for Energy and Climate to see a reduction of 24 per cent of greenhouse gases in the country by 2030, compared to leve...
Vassiliko Cement enlisted to dispose of waste tyres
Vassiliko Cement has received 1800t of old tyres from the Dali industrial area of Cyprus in an attempt by the Ministry of Agriculture to safely manage the amount of waste tyres ...