Companies category powered by
Siarhei Kostevitch: Cyprus has been ideal as a base for ASBIS's operations
07:11 - 23 November 2024
Siarhei Kostevitch, CEO of ASBIS Cyprus, one of the largest companies on the island, has been on the island since 1995.
Speaking to Invest Cyprus’ YouTube series recently, he noted that “My experience of living and working in Cyprus has been excellent for so many years.”
Some 300 of the group’s 3,000 employees around the world work in Cyprus and Kostevitch, among other things, underlines the company’s high retention rate when it comes to local employees.
He also explained some of the reasons ASBIS selected Cyprus for its operations in 1995.
Kostevitch made particular mention of the country’s economic stability, legislation that was compatible with international trade and the safe environment it provided for his growing family.
Watch his interview in full below:
News Feed
12 hours, 41 minutes ago Economy
Dr Nakis Antoniou: Larnaca is standing on the cusp of transformation1 day, 12 hours ago People
Kyriakos Eleftheriou: Cyprus has plenty of grant money but it comes with constant oversight and strict conditions1 day, 12 hours ago Companies
Three new arrivals at Metropolis Mall including Cyprus' first Vero Moda store1 day, 12 hours ago Current Affairs
Deputy Minister celebrates traditional Cypriot products at the Resi Festival (pics)2 days, 4 hours ago People
Sir Stelios Haji-Ioannou announces acquisition of easyHotel.com by Tristan Capital Partners2 days, 4 hours ago Economy
Retail trade up 5.6% in both value and volume in March2 days, 5 hours ago Economy
Cyprus records €580.6m budget surplus in Q1 2025