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Cyprus Chamber Of Commerce And Industry Seeks Strategic European Affairs Officer

The Cyprus Chamber of Commerce and Industry (Keve), the largest business organization in Cyprus, has opened applications for a full-time officer position within its European Affairs and Programmes Department. Based at its central offices in Nicosia, this role is pivotal in driving the execution of European-funded projects and initiatives, leveraging Keve’s expansive network of over 9,000 member companies and 161 professional associations.

Key Responsibilities

The selected candidate will coordinate Keve’s participation in approved European projects while ensuring full compliance with EU regulations and project deadlines. Responsibilities include the preparation of detailed reports, deliverables, and various project documents alongside tasks such as conducting surveys, focus groups, interviews, and organizing workshops. The role further involves managing communication channels with European partners, institutions, and stakeholders, as well as spearheading dissemination activities that include drafting press releases and curating content for social media.

Candidate Profile And Requirements

Applicants must hold a university degree in European Studies, Business Administration, Economics, Political Science, International Relations, Environmental Sciences, or a related field. Postgraduate qualifications will be considered an added asset. A minimum of one year’s experience in implementing European (co-)funded projects is required, along with proven expertise in stakeholder engagement, event organization, and collaboration with EU institutions. Additional advantages include familiarity with project budget monitoring, financial reporting, and proposal drafting. Fluency in Greek and English, excellent report writing capabilities, and strong computer skills—including proficiency in MS Office and social media management—are essential. The ideal candidate will exhibit the ability to manage multiple priorities under tight deadlines and demonstrate robust public speaking and presentation skills.

Application Process

The role offers a competitive remuneration package that includes a provident fund and a 13th salary, commensurate with experience and qualifications. Candidates interested in pursuing this strategic opportunity should submit their curriculum vitae and cover letter by Monday, November 17, 2025, to the chamber’s human resources department. For further details, please visit the official job vacancy page.

Mercedes-Benz Posts Higher Profit Despite China Slowdown

Mercedes-Benz reported stronger-than-expected second-quarter results, lifting its shares on Tuesday despite mounting pressure from Chinese automakers and a weaker outlook for sales and revenue.

The earnings provided a boost for Europe’s auto sector, where manufacturers continue to grapple with tariffs, softer demand and intensifying competition from Chinese rivals. Volkswagen, Mercedes-Benz and BMW have all accelerated restructuring efforts in response.

Cost Discipline Lifts Quarterly Profit

Mercedes-Benz shares rose as much as 5.9% following the results before trimming gains to trade 3.5% higher by 1118 GMT. The company reaffirmed its profit margin guidance for its core passenger car business after reporting an adjusted return on sales of 4.0% for the second quarter, above market expectations and within its 3% to 5% target range.

“In an environment where some automakers are ringing alarm bells on their competitive positioning, Mercedes delivered a clear and confident message,” Morningstar analyst Rella Suskin said.

Second-quarter operating profit increased 22% to €1.5 billion ($1.7 billion), despite a 3% decline in revenue. Lower administrative and research and development costs, together with strong performances from the financial services and vans divisions, supported earnings, while the results also included a €131 million gain related to the planned sale of leasing subsidiary Athlon.

China Remains The Key Pressure Point

Despite stronger profitability, Mercedes continues to face a challenging market environment. Sales in China fell 30% during the second quarter, prompting the company to abandon earlier expectations for stable car sales and group revenue. It now expects both to decline slightly from a year earlier.

BMW also lowered its outlook in June following a deeper-than-expected slowdown in China, highlighting the pressure facing Germany’s premium carmakers. At the same time, Mercedes said Chinese manufacturers are increasingly expanding into European markets, although Chief Executive Ola Kaellenius said their focus remains on higher-volume segments rather than the premium market.

“But that is not a reason to sit back and be relaxed,” he said.

Manufacturing Shift Continues

Mercedes is also reshaping its manufacturing footprint. The company said its German factories will undergo a more aggressive push toward leaner production, although it declined to provide further details while talks with labour representatives continue. Production is also being expanded in lower-cost Eastern European locations, including Hungary, where the company is increasing capacity at its Kecskemet plant, as well as in Poland.

Chief Financial Officer Harald Wilhelm said the full-year margin for the passenger car division is expected to come in at the lower end of the company’s guidance range, reflecting a higher share of electric vehicle sales in Europe, which remain more expensive to produce and continue to weigh on profitability.

“We must continue to work flat out to reduce costs so that we can remain competitive on the prices of our products,” Kaellenius said.

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