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All reports tagged with: "construction industry"

Troika hears construction sector concerns

The troika has returned to Cyprus for its fourth review of the island’s economic adjustment programme and has spoken with the Federation of Building Contractors about the critical issues affecting the construction sector.

Construction industry loans under microscope

Loans given to the construction industry by the Bank of Cyprus and the Cyprus Popular Bank will be discussed today at a meeting between the banks’ management and representatives from Pimco.

Construction sector hits rock bottom

The construction sector, one of the island’s key economic drivers, is in free-fall and the outlook is extremely bleak with only an estimated seven months of pending construction contracts on the books.

Vasilikon cement factory workers on indefinite strike

Employees of the Vassilikos Cement Public Company in Limassol have vowed to continue indefinite strike action blaming their employers for violating their collective wage agreement.

Transfer of development rights to be aided by new bill

Proposals designed to assist those whose properties are located in environmentally protected areas or that have been affected by public works involve transferring their development rights to another property.

Striking construction workers threaten further action

The Valentine’s Day strike by workers in the Cyprus construction industry went ahead as planned with the strikers threatening to visit construction sites today to ensure there are no subcontractors working.

Could north court ruling have significance for south?

In a case that that may be significant for those living in the south of the Island, a Norwegian lady living in the occupied areas of Cyprus recently won her case against a landowner and the ‘TRNC’ Ministry of the Interior.

Cyprus construction industry shows no sign of recovery

The Island’s construction industry is still struggling through recession according to the Federation of Building Contractors Associations of Cyprus (OSEOK) with a third of its workers unemployed.

Oh, what a tangled web we weave

The absence of Title Deeds for half of the houses on the island of Cyprus is no help to the construction, trade, and indicative of haphazard practice.

ETEK calls for demolition of illegal buildings

The Cyprus Scientific and Technical Chamber (ETEK) has called on the government to demolish illegally constructed buildings, according to a recent report in the Greek language newspaper Politis.

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