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80.7% Of EU Population Connected To Wastewater Treatment Systems

Robust Progress In Wastewater Treatment Systems

Eurostat data show that 80.7% of the EU population is connected to wastewater treatment systems with at least secondary treatment. The figure increased from 77.3% in 2013 and remained close to 80.8% recorded in 2022. Data indicate a gradual expansion of wastewater infrastructure across the EU.

Key Indicator Of Sustainable Sanitation Initiatives

Share of population connected to wastewater treatment systems is used to track progress toward Sustainable Development Goal 6. Goal covers access to clean water, sanitation and hygiene. Indicator is used in EU environmental and public health monitoring.

Enhancing Water Quality Through Nitrate Monitoring

Groundwater nitrate levels provide an additional measure of water quality. EU recorded 18.14 milligrams per litre in 2023, compared to 18.80 milligrams per litre in 2013. Level remains below the EU regulatory threshold of 50 milligrams per litre under the Nitrates Directive. Data show limited change over the period.

The Broader Impact On Environmental And Public Health Objectives

Data reflect gradual improvements in wastewater treatment and stable groundwater quality indicators. Metrics are used to assess water management and environmental policy outcomes. Further progress will depend on infrastructure investment and regulatory implementation.

Robust Cyprus Construction Activity Bolsters Vassilico Cement’s 2025 Performance

Vassilico Cement Works Public Company Ltd reported a net profit of €35.52 million for 2025, supported by strong construction activity in Cyprus. Company profit reached €34.99 million, reflecting higher revenues and improved operating performance.

Domestic Market Growth Driven By Cyprus Construction

Group revenue rose to €152.75 million, while company revenue reached €152.66 million, up 11% year on year. Growth was driven by increased sales volumes in the domestic market, where construction activity remained strong throughout the year.

Enhanced Production Efficiency And Cost Management

Gross profit increased to €50.30 million at group level and €50.21 million at company level, compared with €42.49 million in 2024. The improvement reflects gains in production efficiency and cost control, supported by higher use of alternative fuels and improved electricity efficiency. These measures reduced unit costs while supporting environmental targets.

Executive Insights And Macroeconomic Outlook

Executive Chairman Antonis Antoniou said strong domestic demand supported production volumes, with the company maintaining focus on the local market and managing exports selectively. He added that favorable economic conditions in Cyprus contributed to performance, despite regulatory pressures in Europe and broader geopolitical uncertainty.

Navigating Energy And Regulatory Challenges

Future performance will be influenced by energy market volatility and European climate policy, including carbon pricing and the Carbon Border Adjustment Mechanism. Rising fuel and electricity costs continue to affect energy-intensive industries.

The company is expanding its renewable energy capacity, with a photovoltaic park reaching 16MW and plans for an additional 8MW, subject to grid connection. The investments aim to improve cost stability and energy efficiency.

Shareholder Returns And Strategic Investments

The board approved an interim dividend of €0.15 per share, totaling €10.79 million, on September 25, 2025. A final dividend of €16.55 million, or €0.23 per share, will be proposed. Combined, total dividends amount to €27.34 million, or €0.38 per share.

Management said the company will continue focusing on efficiency, cost control and sustainability as it navigates energy market pressures and regulatory requirements.

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