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Marios Georgiou: Illuminating Cypriot Gymnastics On A Continental Stage

In an electrifying moment for Cypriot sports, Marios Georgiou has clinched the title of Male Gymnast of the Year, following a vigorous vote organized by European Gymnastics. This victory underscores Marios’s ongoing dedication and success, resonating deeply within the gymnastics community—not just in Cyprus, but across Europe.

According to the Cyprus Gymnastics Federation, the prestigious accolade was earned through the support of 26,260 votes, amounting to 50.6% after just six days of voting. The federation conveyed their pride, stating, “Marios continues to make us proud with his distinctions and make history in gymnastics!”

Echoing this sentiment, the Cyprus Sports Organisation extended its own congratulations, reinforcing Marios’s impact on Cypriot sports: “Congratulations to Marios Georgiou who continues to make history and leave his imprint on Cypriot gymnastics!”

Further commendations came from President Nikos Christodoulides, who highlighted the significance of Marios’s achievements. “His great distinctions, such as being declared European champion in the combined individual at the European Championships in Rimini, Italy, in 2024, as well as ranking sixth at the Olympic Games in Paris, have brought him to the highest podium in Europe,” the President articulated in his statement.

With athletic prowess like Marios Georgiou’s, Cyprus continues to fortify its place on the world map, heralding a bright future for the island’s sporting landscape.

Cyprus Construction Price Index Rises Amid Cost Pressures

The latest data from the Cyprus Statistical Service (Cystat) shows that the Price Index of Construction Materials in Cyprus reached 118.89 points in January 2026, based on a 2021 average of 100. Compared with December 2025, the index increased by 0.12%, indicating gradual price adjustments across the sector.

Year-Over-Year Growth

On an annual basis, the index recorded a 1.09% increase compared with January of the previous year. The rise reflects ongoing changes in contractor costs and highlights evolving market conditions within the construction industry.

Commodity-Specific Movements

The report provides a detailed breakdown by material category. Minerals recorded the strongest annual increase at 2.91%, followed by electromechanical products at 2.55%. Products made from wood, insulation materials, chemicals and plastics rose by 1.19%, while mineral products increased by 0.97%. In contrast, metallic products declined by 0.49%.

Volatility In Sub-Categories

More pronounced changes were observed within specific sub-categories. Mineral aggregates rose by 8.34%, while stones increased by 4.97% compared with January 2025. Electrical fixtures posted a 4.65% increase. Iron and steel products declined by 1.73%, and ceramics and cement continued to trend lower, falling by 1.47% and 1.38% respectively.

Methodological Insights

The index is calculated as a weighted average based on the expenditure share of sampled materials during the 2021 base year. Prices are collected monthly from a range of suppliers, using the 15th of each month as the reference date and excluding VAT. The Construction Costs Index applies specifically to new residential buildings.

This detailed analysis not only sheds light on current market trends but also offers stakeholders a robust framework for understanding the underlying cost dynamics in Cyprus’s construction materials market.

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