Mergers and acquisitions are powerful tools for the growth and enhancement of businesses in Cyprus. With the right strategic approach and proper execution, they can offer significant benefits, creating new opportunities and strengthening the Cypriot economy.

Some of the benefits of mergers and acquisitions include:

• Growth and Expansion
• Economies of Scale
• Product and Service Diversification
• Enhanced Competitive Position

The Cyprus Chamber of Commerce and Industry (CCCI), in its effort to assist businesses in identifying potential partnerships and expressing their interest in acquisition or merger, invites interested companies to express their interest by completing the attached here and send it to the email address k.antoniou@ccci.org.cy.

PDF Circular – EXPRESSION OF INTEREST FOR COLLABORATION , MERGER , ASQUISITION

The European Green Deal puts the energy transition at the heart of the European Union’s efforts to achieve climate neutrality by 2050, combat biodiversity loss and pollution. An important step towards these goals is to increase the use of renewable energy sources in a sustainable way. Energy production from offshore renewable sources, such as wind energy, is one of the key options expected to contribute significantly to these goals.

The European Union is seeking to lead in offshore renewable energy by developing strategies to increase its use. By 2030, the EU plans to install at least 60 GW of offshore wind and 1 GW of ocean energy, with a further increase to 300 GW and 40 GW respectively by 2050 (EU strategy for offshore renewable energy).

Wind power, especially from offshore sources, offers stable power generation due to the stable wind conditions at sea, reducing power fluctuations. Offshore installations also minimise visual disturbance and take advantage of favourable temperature conditions, especially in floating PV. This leads to greater energy independence and opportunities for investment and innovation.

The European project SHOREWINNER responds to the needs for sustainable and green growth by focusing on skills development, upskilling and reskilling of the workforce. It promotes a Community of Practice (CoP) between five Centres of Vocational Excellence in Southern Europe (Cyprus, Greece, Spain, Italy, Portugal, Cyprus, Greece and Spain). In Cyprus, the SHOREWINNER Community of Practice includes:

• University of Cyprus (UCY)
• CARDET – Centre for Research and Education
• Cyprus Chamber of Commerce and Industry (CCCI)
• INTERCOLLEGE – School of Vocational Education and Training

Through the SHOREWINNER Community of Practice, organisations involved in renewable energy can benefit from free professional training, business networking, and economic development in their fields of activity.

Your participation in the SHOREWINNER project:
CCCI, as a partner in the SHOREWINNER project, is conducting research to identify skills gaps and shortages in the renewable energy sector. In this effort, we would appreciate your contribution by completing one of the following questionnaires corresponding to your status:
1. Trainers & Academics: https://bit.ly/ShoreWinnerVET
2. Professionals (Businesses & Consultants): https://bit.ly/ShoreWinnerBusiness
3. Students: https://bit.ly/ShoreWinnerStudents

Please submit your response by Friday 30th August 2024.

All information collected through this survey will remain confidential, will not be disclosed to third parties and will only be used for the purposes of the SHOREWINNER project.

Participation in the SHOREWINNER Community of Practice
In addition to the survey, we invite you to join the SHOREWINNER Community of Practice. By joining, you will have access to free professional training and contribute to the advancement of offshore renewable energy at both national and European level. Join the CoP by expressing your interest here https://bit.ly/ShoreWinnerCoP.

PDF Circular – SHOREWINNER Circular

We would like to inform you that the EEN2EIC in cooperation with the Agrifood Sector Group of Enterprise Europe Network are organizing an online training session for companies with highly innovative deep tech solutions.

This event aims to showcase European funding opportunities available through the EIC Accelerator program. During the session, participants will receive a comprehensive overview of the EIC Accelerator program, learning about its structure, benefits, and application process.
Additionally, attendees will gain valuable insights from firsthand experiences shared by successful applicants. These testimonials will provide practical tips and strategies on how to navigate the application process effectively.

Furthermore, the Enterprise Europe Network will present how they can support your company in preparing and submitting your application. Their expert guidance can significantly enhance your chances of securing funding.

Don’t miss this opportunity to discover how the EIC Accelerator can propel your deep tech innovations forward. Join us for an informative and inspiring session designed to equip you with the knowledge and resources needed to succeed.

Event Details:

• Date: 07.10.2024
• Time: 11:00-13:00CET
• Platform: online, MS-Teams
• Language: English

We look forward to your participation and helping your company reach new heights with European funding opportunities.

Target audience
Discover how to develop and scale up your innovations to create new markets or disrupt existing ones (TRL 5-9).

Who Can Apply:

• Startups and SMEs
• Individuals planning to launch an SME
• Small mid-caps (equity investments only)

What You Get:

• Grants up to €2.5 million
• Equity investments up to €15 million
• Expert coaching and mentoring
• Networking opportunities with industry leaders

Join our free webinar to learn how you can secure significant financial support, receive expert guidance, and build valuable industry connections to bring your innovative ideas to market and achieve commercial success.
For registration, please click HERE.

PDF Circular – How to get funded through the EIC Accelerator

The Cyprus Chamber of Commerce and Industry would like to inform you that Invest Moldova Agency, in partnership with the Ministry of Economic Development & Digitalization, will host “Moldova Business Week 2024” from September 16-20 in Chisinau, Cahul, Bălți and Ungheni.

This event will gather foreign investors, entrepreneurs, and experts to explore Moldova’s investment climate and enhance networking. Key industry clusters include: ICT & BPO, Real Estate, Agri-food, Electronics, Finance, Pharma & Medical Tourism, Tourism & Wine Industry, Green Energy, Automotive.

The event will discuss economic trends, national policies, and investment opportunities. To this end, we extend a cordial invitation to any interested companies to join the “Moldova Business Week 2024”. Your participation would not only underscore the importance of fostering international relations but also provide a platform for meaningful exchanges, advocacy, and networking opportunities.

For more information you can contact the International Relations & Economic Diplomacy

Department of the CCCI:  Tel. 22 889718 / 22 889706 Email: stavri@ccci.rog.cy / lily@ccci.org.cy or click on the following link: https://mbw.md/

Circular PDF – Moldova Business Week 2024 September 16-20

This is the weekly information bulletin, to 19/7/2024 with comprehensive briefing in matters of direct and indirect taxation.
This briefing is provided in collaboration with Positive Veritas, the search engine for Cyprus Tax. With over 12 sources of information, 500 categories and AI search that understands meaning and concepts, Veritas helps you answer tax questions 10x faster.

\PDF – KEBE Tax Update to 260724