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Constantinou Bros Hotels has returned to profitability after recording profits of EUR5.91 million in 2015. Driven by the positive operational results of properties flying the company’s flag, the hotelier was able to revise the previous trend

The Ministry of Energy, Commerce, Industry and Tourism selected PMV Maritime Holdings to undertake the construction and operation of Paralimni’s marina. The company’s tender was deemed the winner of a bidding process held in 2015, following which the government will assign public property for the project.