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Cyprus Registers Second Highest Electricity Prices For Non-Residential Consumers In The EU In H2 2025

by THEFUTURE.TEAM

May 11, 2026

Overview Of European Electricity Trends

Cyprus recorded the second-highest electricity prices for non-residential consumers in the European Union during the second half of 2025, according to Eurostat data. Average prices reached €24.29 per 100 kWh, placing Cyprus behind only Ireland at €25.52 per 100 kWh. Germany recorded lower business electricity prices at €22.64 per 100 kWh.

Despite remaining among the highest-cost markets in Europe, Cyprus registered a decline from €25.78 per 100 kWh recorded in the second half of 2024. Compared with the first half of 2025, however, prices increased from €23.21, reflecting continued volatility across European energy markets.

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Recent Price Trends And Comparisons

Across the European Union, non-residential electricity prices averaged €18.37 per 100 kWh during the second half of 2025, representing a 3.5% decline from €19.03 recorded in the previous six-month period. The broader downward trend has continued since the first half of 2023, when EU average prices stood at €21.51 per 100 kWh. Although temporary rebounds were recorded during parts of 2024, electricity costs for businesses across much of Europe have gradually eased.

Market Comparisons And National Variations

In stark contrast, Finland and Sweden showcased the most attractive rates in H2 2025, at €7.48 and €9.70 per 100 kWh, respectively. Meanwhile, data indicates that 18 EU countries experienced price declines compared to H2 2024. Slovenia (-16.6%), Luxembourg (-15.8%), and France (-14.1%) led these reductions, even as Romania (+15.4%), Sweden (+9.4%), Bulgaria (+6.8%), Belgium (+2.8%), and Slovakia (+1.4%) saw increases. Four member states, including Malta and Austria, reported only marginal changes, ranging from 0.4% to 1%.

Implications For The EU Non-Residential Sector

The Eurostat data covers non-residential consumers with annual electricity consumption between 500 and 2,000 MWh, a category that primarily includes businesses and professional users. Continued fluctuations in energy prices remain an important factor for companies across Europe as businesses adjust operating costs, investment planning and long-term energy strategies.

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Starbucks Wins ‘Best Workplace / Employer Of Choice At The 18th IN Business Awards

by News Editor

May 26, 2026

Starbucks was recently awarded the ‘Best Workplace / Employer of Choice’ award at the 18th IN Business Awards in Greece — a recognition that reflects the company’s philosophy and its ongoing investment in its people.

This distinction confirms Starbucks’ commitment to creating a work environment defined by respect, collaboration, inclusivity, and equal opportunities for all. Starbucks consistently fosters a culture that encourages growth, authenticity, and participation since people are always at the center.

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“At Starbucks, our success is rooted in our people. This recognition is a testament to our team’s dedication to nurturing a space where everyone can express themselves, grow equally, and deliver exceptional experiences to our customers,” said Pambis Anastasis — District Manager of Starbucks, who received the award.

Through modern development and employee support practices, Starbucks meaningfully invests in the continuous training and empowerment of its workforce, offering learning opportunities, mentorship, and career advancement at every stage of their journey.

The company also promotes an inclusive workplace where every employee feels a sense of belonging, can express themselves freely, and grow equally. This approach is a core element of Starbucks’ identity and is reflected both in the company’s internal culture, and in the experience it delivers to customers.

Winning at the prestigious IN Business Awards is a great honor for Starbucks and serves as a strong affirmation that its people are always at the heart of every step it takes.