Cyprus Investment Promotion Agency
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NCR Middle East/Africa Area
Alpari Financial Services Ltd.
Bouygues Batiment Testimonial
Uniteam Marine

Success Stories

Bouygues Batiment Testimonial
Nest Investments Holdings (Cyprus) Ltd
ASBISc Enterprises PLC (“ASBIS”)
Weatherford International

Energy

Energy

Cyprus is committed to:

  • Ensuring Security of Energy Supply
  • Protecting the Environment
  • Fostering Healthy Competition in the Energy Sector
  • Encouraging Development of renewable energy technologies and production
Sector Synopsis
  • Cyprus ranks number one in the world in solar energy use for water heating in households.
  • 1.96 million toe (tons of oil equivalent) were consumed in 2009
  • 2.6% increase in energy consumption (2000-2009)
  • €20,33 million were given by a special fund created by the Goverment to promote the use of Renewable Energy Sources in 2009
  • 4.9% of the national energy needs in 2009 were met through Renewable Energy Sources
  • 6.8% increase in electricity consumption (2000-2009)
 
Regulatory Framework

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Latest News

Cyprus - Russia Double Tax Treaty (DTT) - May 07, 2012
Russia urges citizens to refrain from buying property in occupied Cyprus
Russia urges citizens to refrain from buying property in occupied Cyprus - Apr 10, 2012
The Index of Economic Freedom 2012 - Heritage Foundation and Wall Street Journal - Mar 22, 2012

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