Sklavenitis Cyprus’s acquisition of Papantoniou supermarkets is a significant expansion, increasing their stores to 27, reflecting confidence in the Cypriot economy with job security for 769 employees. This move aims to enhance the retail sector, offering a wider selection of goods at competitive prices, potentially driving market competitiveness and improved customer experiences.
Wizz Air has expanded its services from Larnaca, increasing flight frequency and adding 177,000 seats to enhance regional connectivity. Major route improvements include more flights from Larnaca to Yerevan, Thessaloniki, Athens, and additional Central and Eastern European destinations like Gdansk, Prague, and Wroclaw.
Park and ride services in Cyprus will now charge fees for parking and bus use to cover maintenance costs and support service expansion. The new policy, introduced by Transport Minister Alexis Vafeades, aims to improve public transport and proactively address traffic management while offering users options for peruse payments or monthly charges.
The University of Limassol celebrated the end of its first academic semester in early 2024 and announced plans for new programs, demonstrating its commitment to academic excellence, innovation, and community service. The institution, rooted in a legacy of leadership and learning, aims to excel in education and research while promoting ethical values and social sensitivity.
Northern Cyprus is undergoing a digital revolution with the installation of fibre optic internet cables in every home by 2024. The government aims to transform the entire region into a ‘techno park’, launching a 5G network within five years and urging local GSM operators to prepare for 6G technology.
