Cyprus Business Now
Beer deliveries in Cyprus have increased year-on-year during the first seven months of the year, a report by the Cyprus Statistical Service has shown. According...
keo
KEO issues positive 2016 profit warning
Beverage producer KEO Plc said it generated “considerably” more profit last year compared to 2015. “The expected improvement in earnings is due to a rise...
KEO dismisses Archbishop’s comments on merger with Carlsberg
Beverage producer KEO Ltd said that it is not considering or looking at the possibility of a merger with any other company, refuting comments made...
Church looking to create its own bank, planning six new hotels
Archbishop Chrysostomos is looking for a small bank in which the Church would take majority shareholding, or create its own, and plans another six new...
KEO’s posts €1m in Q1 pre-tax loss
KEO Plc Ltd, Cyprus’s flagship in the alcoholic and non-alcoholic beverage industry, said that it generated a €1m pre-tax loss in the first three months...
KEO posts a €1.8m after tax loss in 2015
By Stelios Orphanides Wine and beer producer KEO Ltd said that it generated a net loss of almost €1.8m in 2015 attributed mainly to the...
KEO expects 2015 profitability to improve
By Stelios Orphanides Drinks producer KEO Ltd said that it expects improved earnings in 2015 compared to 2014, when it posted a net loss of...
Beer imports winning in retail but local brands top at restaurants
By Marie Kambas Domestic beer consumption fell 2.3 per cent to 29.9 million litres of between January and November compared to the previous year, according...
KEO relaunch aims for a younger crowd
By Maria Gregoriou THE long-running near duopoly in the beer market between KEO and Carlsberg has heated up with KEO rebranding its traditional yellow label...