Companies fined for not complying with safety regulations
The Nicosia district court has issued fines to several companies for not complying with safety regulations, the labour inspection department announced on Thursday. Construction giant...
J&P
J&P goes from might to plight
AT its zenith, the construction giant that was J&P Overseas Ltd., had about 15,000 people on staff and boasted a turnover in excess of $1.5bn....
Board member reassures J&P staff they will be paid
J&P (Overseas) Ltd board member Leonie Paraskevaides-Mavronikola reassured staff of the company on Friday that she would not rest until she found out how the...
J&P’s Joannou family calls on partners to return €29m they owe
Two days after the appointment of administrators who will oversee the winding up of construction company Joannou & Paraskevaides Overseas Limited, the Joannou family urged...
Paraskevaides siblings take control of J&P overseas, cancel demerger (updated)
Construction giant Joannou and Paraskevaides Overseas said it was abandoning any plans to demerge after the appointment of Leoni Paraskevaidis and Efthyvoulos Paraskevaides to the...
J&P staff in Saudi Arabia strike
Staff at 15 Joannou and Paraskevaides Group construction sites in Saudi Arabia are refusing to work over the company’s failure to pay their salaries since...
J&P Avax workers strike over pay delays
Builders working on the University of Cyprus library called an indefinite strike on Friday over delayed salaries. The 30 workers said they have not been...
Grim outlook for flagship Cypriot company
By George Psyllides For decades J&P was the flagship of Cyprus’ construction industry, the most successful private company, which transcended the island’s confines to take...
Phase one of sophisticated fuel terminal delivered
By George Psyllides VTTV on Friday took delivery of phase one of its fuel terminal at Vassilikos that boasts a storage capacity of 544,000 cubic...