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Limassol-based GP General Procurement Compan Limited (GenPro), a maritime and commercial procurement company, held its first annual Blue Day Sustainability Seminar in September.

The seminar focused on the company’s sustainability roadmap, including a review of current trends.

The Cyprus Deputy Minister of Shipping also participated in the seminar through a video message used to open the event.

“Our responsibility toward our members, our partnered suppliers and service providers and the wider communities we all operate within leaves no room for any deviation from our Sustainability Values of Transparency, Consistency, Innovation and Service Excellence,” GenPro Sustainability and Compliance Senior Manager Spiros Tsigaridas said.

It is also reflected by the companies and organizations with whom GenPro chooses to partner.

Irene Loucaides, Managing Director at Grow Sustainability Consulting, and Let’s Make Cyprus Green Co-Founder and Chairman Eleni Kazelas shared their experiences and insights on sustainability and provided guidance on how everyone can pursue and achieve a more sustainable future.

“We at Grow Sustainability Consulting are very excited and honoured to begin our collaboration with GenPro, who are truly committed to creating positive social and environmental impact throughout their operations,” Managing Director of Grow Sustainability Consulting Irene Loucaides said.

The Cyprus Banks Borrowers Protection Association (Syprodat) has welcomed central bank governor Constantinos Herodotou’s comments on banks and financial institutions.

Herodotou called on banks and credit institutions to assist in the conclusion of viable loan restructurings.

“This letter repeats previously shared positions of the governor, essentially stating that achieving timely and sustainable restructuring, as well as restoring sustainable businesses and households to normal operation, is to the benefit of the economy and financial stability,” Syprodat said.

“It is necessary to provide comprehensive information to borrowers for the purpose of efficient, fair and at the same time constructive negotiation,” Syprodat added.

The Cyprus Stock Exchange (CSE) ended Tuesday, October 5, with losses.

The main Cyprus Stock Market Index was at 66.92 points by 13:10 during the day, reflecting a decrease of 0.55 per cent over the previous day.

The FTSE / CySE 20 Index was at 39.99 points, representing a drop of 0.55 per cent. The total value of transactions came up to €12,526.54.

In terms of sub-indexes, investment firms, hotels and the alternative market index remained stable. The main market index dropped by 0.7 per cent.

The biggest investment interest was attracted by Logicom (-1.27 per cent), CCC Tourist Enterprises Public Co Ltd (€1,123.40 worth of trades, no change), Bank of Cyprus Holdings (-1.92 per cent) and Amathus Public Ltd (no change).

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