Cypriot Municipalities Embrace Innovative Beach Management Model

New Model for Beach Management

Kourion and Limassol municipalities are set to adopt an operational model inspired by Ayia Napa, ensuring high-quality service for both locals and tourists while maintaining cost efficiency. This initiative, which was detailed by the Limassol Chamber of Commerce, is expected to redefine public beach management standards in Cyprus.

Quality Service at Affordable Rates

Kourion Mayor Pantelis Georgiou announced that the municipality will assume responsibility for services and facilities at Kourion and Lady’s Mile beaches, with the exception of areas adjacent to restaurants. The new framework guarantees that sunbeds in the municipally administered zones will be available at a nominal fee of €2.50, with visitors free to utilize personal equipment such as ice packs without disruption.

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Environmental Considerations and Facility Upgrades

While Kourion beach has already been fitted with the necessary facilities, Lady’s Mile will see the installation of sunbeds post the turtle nesting season to ensure minimal environmental interference. In consultation with environmental experts, the initiative has also prioritized the construction of public toilets, offices for beach inspectors, and accessible amenities for individuals with disabilities. Furthermore, recycling bins will cover approximately 80% of the beach area, promoting environmental sustainability through on-site waste segregation.

Expanding the Limassol Initiative

In Limassol, the municipality is managing a section of Olympia Beach that remains unleased to private operators. Mayor Yiannis Armeftis detailed plans to establish around 100 sunbed spots near the Thalassokoritso refreshment bar, in areas that are less commercialized and closer to the beach volleyball courts. Umbrellas are currently being installed with additional amenities scheduled to follow swiftly. This pilot project will run throughout the summer, with regulation oversight ensuring compliance with local laws.

Future Directions and Broader Implications

The municipal effort extends beyond immediate service provision. With ongoing coordination with British bases and plans for a comprehensive redesign of the Olympia coastal front, local authorities demonstrate a commitment to modernizing beach facilities in response to growing public demand. Meanwhile, Amathus Mayor Kyriakos Xydias is also exploring the feasibility of direct beach management, though he remains cautious about the financial implications given the fragmented nature of the beach sections.

Conclusion

This strategic shift in municipal beach management underscores a broader trend aimed at harmonizing service quality with environmental and economic sustainability. By setting a precedent for affordable, high-standard beach services, Cyprus is poised to enhance its reputation as a destination where effective governance and environmental respect go hand in hand.

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Cyprus-Based ASBIS Hits Record $1.05bn In Monthly Revenue, Up 216% Year On Year

by News Editor

October 21, 2026

The technology distributor ASBIS Group, headquartered in Limassol, has exceeded $1 billion in monthly sales for the first time in its history, reporting preliminary consolidated revenue of $1.05 billion in September 2026, more than three times the amount recorded a year earlier.

The figure represents a 216% increase from $332 million in September 2025, making it the highest-revenue month in the company’s history.

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ASBIS reported its strongest sales growth in servers and server components, while CEO Serhei Kostevitch pointed to growing demand for artificial intelligence solutions and computing infrastructure as an opportunity for the business.

For a company operating across Europe, the Middle East and Africa, September marked a new sales milestone following several months of substantial year-on-year growth.

Kostevitch attributed the record performance to the group’s existing operations, highlighting its broad product portfolio, international market presence and strong relationships with manufacturers and trading partners.

“Most importantly, this result is the outcome of our regular operating activities,” he said.

The CEO also highlighted the company’s portfolio of projects as a reason for confidence in continued AI-related development.

However, the group’s growth was not limited to AI-related technologies. Smartphones also performed strongly in September, with Kostevitch stressing that “we are growing beyond the AI segment as well.”

Kazakhstan, the United Arab Emirates and Ukraine accounted for the largest shares of ASBIS’s September revenue, followed by Slovakia and Poland.

Growth Follows Record First Half

September’s results follow a period of strong financial performance for ASBIS.

In July, the company reported preliminary consolidated revenue of $531 million, an increase of 89% compared with the same month in 2025. August brought a further rise to $604 million, up 91% year on year.

September’s $1.05 billion figure represents a substantial increase on both months, although the company has not provided a detailed breakdown explaining the acceleration.

The results also follow a record first half of 2026, when ASBIS generated approximately $2.97 billion in consolidated revenue, up 76% year on year.

Net profit after tax reached $80.6 million, compared with $19.4 million in the same period in 2025.

The second quarter was particularly strong, with revenue reaching $1.69 billion, an increase of 78.7%, while quarterly net profit more than tripled to $44.3 million.

ASBIS has emphasised that its September revenue figures are preliminary estimates and may differ from the final reported results.

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