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Limassol business “not as gloomy†as last year, report shows
August 10, 2021
Business in Limassol is better this year
by Kyriacos Nicolaou and Andrew Rosenbaum
Business in Limassol is “not as gloomy” this year as it was in 2020, according to a survey of businesses in the city. But it is still not back to 2019 levels.
The services sector seems to be thriving despite everything, according to the report.
The “BarometerSpring 2021” survey, which queried 133 businesses in Limassol – and which therefore obtained a solid representative view – showed that, at virtually all levels – employment, intended investments, sales forecasts, overall confidence in the economy, there has been improvement.