News


Dr Andreas Pittas: "Cyprus survived to chart a better course"

posted Jan 16, 2017, 10:58 PM by Admin 3   [ updated Jan 16, 2017, 11:22 PM ]

17 January 2017   


Article by Dr Andreas Pittasformer Chairman of OEB and Executive Chairman of Medochemie Ltd, published in the edition of Phileleftheros "2017 Year of Decisions".


Letters of Condolences by the Chairman of OEB to the Ambassadors of Germany and Russia

posted Jan 4, 2017, 8:03 AM by Admin 3

4 January 2017   

With a letter to the Ambassador of the Federal Republic of Germany in Cyprus Mr Nikolai von Schoepff, the Chairman of the Cyprus Employers & Industrialists Federation (OEB) Mr Christos Michaelides has expressed his condolences to the German Government and the bereaved families of those who died in the recent terrorist attack in Berlin.


Furthermore, Mr Michaelides has sent a letter to the Ambassador of the Russian Federation Mr Stanislav V. Osadchiy, expressing his condolences to the Russian Government and the family of the Russian Ambassador in Ankara Mr Andrei Karlov who was murdered in a terrorist attack. The Chairman of OEB also extends his condolences for the great loss of lives after the crash of a Russian aeroplane in Sochi.


Both letters are attached below.

Andri Pandoura, Cyprus: Winner of the European SME Week Youth Essay Competition

posted Dec 22, 2016, 1:50 AM by Admin 3

22 December 2016  

After careful deliberation by the judges, lengthy discussions have been had and the decision has been made.

This competition was created because we wanted to know what the young people of Europe think about entrepreneurship and the opportunities available to them in their country, and the wider European Union. The responses came from across Europe and not only did they give insight into the original question, but also what is on the minds of young people in Europe today.

Life is changing fast, and they are aware that in order to keep up they too will have to change. As one participant put it: “The ‘good old days’ mentality of getting an education and landing a steady job at a big company is over”, this reflects their view of education, that it is not designed to help meet the challenges of the present but is rather based on successful models of the past. This ties into their feelings on how they are perceived, with one essayist writing: “Even if we are young it does not mean we are stupid. It does not mean we are immature. We have a lot to offer if only you give us the chance”. They are realistic, demonstrating an understanding of the media and the tendency to feature the unicorns and multi million euro successes. One contestant wrote that “there is no need for a gigantic one-billion-dollar idea or a perfect professional business plan in order to successfully start up a business”; in other words , investment is not the only measure of success.

The variety of nationalities represented by the candidates was an early indicator of the importance placed on multilingualism and openness, a common theme throughout the essays, the authors of which recognised the importance of English for business alongside other languages on their path to success. In terms of the barriers faced, ‘red tape’ and bureaucracy are things they are aware of and frustrated by. These need to be addressed urgently. Coupled with these is the fear of failing, with one writing “we are full of energy and ideas but often lack the experience, skills and expertise to implement our plans successfully”. They need reassurance that failure is not the end of the world and that it can often signal the starting point for greater success.

The winner:





Video - Transatlantic Trade and Investment Partnership (TTIP)

posted Sep 18, 2016, 10:42 PM by Admin 3   [ updated Sep 18, 2016, 10:45 PM ]

19 September 2016

Video prepared by BusinessEurope regarding the Transatlantic Trade and Investment Partnership (TTIP). The video includes views of European journalists, businesspeople from the UK and Germany and politicians from several EU states.

Letter from the Director General of Confindustria

posted Sep 5, 2016, 7:00 AM by Admin 3

5 September 2016 

Following the letter of support sent by the Director General of OEB Mr Michael Antoniou to the Director General of Confindustria regarding the deadly earthquake in Italy, Ms Marcella Panucci has replied with the attached letter.


OEB expresses support to Confindustria

posted Aug 25, 2016, 2:14 AM by Admin 2   [ updated Aug 28, 2016, 9:29 PM ]

25 August 2016. 

Following the deadly earthquake yesterday in Italy, the Director General of OEB, Mr. Michael Antoniou has sent the attached support letter to the Director General of the Italian Employer's Organisation (Confindustria), Ms. Marcella Panucci.



Similar letter was sent to H.E. the Ambassador of Italy in Cyprus, Mr. Guido Cerdoni

Letters from TUSIAD and TISK

posted Jul 28, 2016, 5:48 AM by Admin 3

28 July 2016


Following OEB's letters to the Turkish employer organisations TUSIAD (Turkish Industry & Business Association) and TISK (Turkish Confederation of Employer Associations) regarding the terrorist attacks in Turkey, OEB received the following letters from TUSIAD and TISK.





Letter from CBI

posted Jul 26, 2016, 11:00 PM by Admin 3

July 27, 2016

Following OEB's letter to the Confederation of British Industry (CBI) regarding the result of the British referendum for exit from the EU, the Director of CBI Mrs Carolyn Fairbairn has replied with the following letter.



The DG of OEB and the Minister of Labour at the ILO Conference

posted Jul 13, 2016, 2:23 AM by Admin 2

13 July 2016.

The OEB and the Cyprus government participated at the International Labour Office (ILO) Conference which was held last June.


The speech delivered by the Minister of Labour, Mrs. Zeta Aimilianidou:



The speech delivered by the Director General of OEB, Mr. Michael Antoniou:



Cyprus Innovation Award 2016

posted Apr 11, 2016, 6:46 AM by Admin 3   [ updated Apr 11, 2016, 6:49 AM ]

11 April 2016 

The Cyprus Employers & Industrialists Federation (OEB) would like to remind all interested parties that the deadline for submitting application to the 2016 Innovation Award Competition is on Friday April 15th , 2016.


Eligible for the Cyprus Innovation Award are businesses and organisations that have implemented something innovative and new and belong in one of the following areas of activity:


Primary Sector (Agriculture, Livestock, Fisheries, etc.)
Manufacturing Sector
Services Sector
Broader public sector


The Innovation Award is the highest award in our country rewarding the successful implementation of innovation. The "Cyprus Innovation Award" institution by OEB, is supported by the Ministry of Energy, Commerce, Industry and Tourism and the Research Promotion Foundation.


For Application Forms or any further information required regarding the competition you may visit the website (www.innovationaward.oeb.org.cy) or contact OEB offices (tel. 22665102).

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