MHV CEO resigns following full takeover by Prodea

13:59 - 01 February 2024

Companies People

Charalambos Michael has resigned from his position as executive director and CEO of MHV Mediterranean Hospitality Venture Plc, effective 31 January 2024.

In an announcement on the Cyprus Stock Exchange, MHV thanked Michael for their cooperation and his services, and wished him all the best in his future career.

It is worth noting that Michael’s resignation comes just days after it was announced that Prodea Investments will be acquiring MHV’s majority share package.

On 24 January, Prodea announced that it completed the acquisition of an additional 55% stake in MHV from the Cypriot group of companies Yoda PLC, increasing its total stake in MHV to 80%.

News Feed

All News

Read More

Include. Empower. Inspire: Andrey & Julia Dashin's Foundation celebrates 10 years of impactful philanthropy
Cyprus Shipping Chamber welcomes 40% production benchmark for clean shipping fuels
The "Cisco Experience" annual event is set for May 16th, 2024
European Institute of Innovation and Technology announces new joint hub in Cyprus
Nikos Christodoulides: Invest Cyprus is launching a major campaign for the rebranding of Cyprus
Presenting the winners of the 16th IN Business Awards
IMH is hiring an English-speaking Finance / Business Journalist
Isystems Group expands its local presence with a new office in Cyprus
AdStep Internship Program Now Open: Time to Enroll
Lidl Cyprus supports the Ayia Napa Youth Soccer Festival