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Cypriot Customs Officials Stage 24-Hour Strike Over Automated Import System Rollout

Background and Trigger

Cypriot customs officers at the Limassol port have initiated a 24‐hour strike, protesting the premature implementation of the new Automated Import System (AIS). The decision to protest stems from concerns that the system presents significant operational issues and was introduced without adequate preparatory training. This action is supported by customs staff in Nicosia, reinforcing a broader call for a delay.

Concerns Over Training and System Reliability

Introduced in February following considerable delays, the AIS was slated for launch on June 30. Though European regulations dictate a 12- to 24-month training period for such systems, only a brief extension—up to September 29—was granted following requests from the customs officers. According to industry representative Christos Akaros, the current phase of training has revealed delays, technical traps, and other deficiencies that heighten the risk of errors in critical operations.

Lack of Administrative Response

The Customs Officers Association of Cyprus communicated these challenges to the Customs Department, yet received no meaningful response. The failure to address these concerns prompted the General Assembly to approve industrial action, culminating in the planned strike starting Thursday, September 25.

Operational Impact and Future Implications

The strike is expected to affect container clearance activities at Limassol’s already overcrowded port area, potentially disrupting supply chains further. In a warning noted by Akaros, if corrective measures are not implemented promptly, customs officers may indefinitely refrain from using the new system, thereby exacerbating logistical challenges and operational inefficiencies.

Conclusion

This industrial action not only underscores the critical need for a cautious, well-supported rollout of new technology in high-stakes environments, but it also highlights significant communication gaps between frontline operatives and administrative authorities. The coming days will determine whether stakeholders can collaboratively rectify these issues to secure both operational efficiency and economic stability in Cyprus.

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

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.

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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