Breaking news

Omiros Dairy Group Expands International Footprint With Strategic Cyprus Acquisition

by THEFUTURE.TEAM

July 8, 2025

Acquisition Marks A Strategic Milestone

Greek dairy powerhouse Omiros has taken a decisive step in its international expansion by acquiring the renowned Cypriot dairy company A. Hadjipieris Ltd through its subsidiary, Omiros Dairies Cyprus. This move not only fortifies its global presence but also strengthens its positioning in the Protected Designation of Origin (PDO) niche, celebrated worldwide for its high-quality dairy products.

Investment And Expansion Plans

The acquisition adds a third production facility to Omiros’ portfolio—the first establishment outside Greece—underscoring the firm’s commitment to growth and modernisation. With an initial investment phase valued at €5 million, the company is focusing on immediate expansion and facility upgrades, aiming to achieve an annual production capacity of 5,500 tonnes of PDO halloumi. Omiros has also outlined plans to secure industrial land for a state-of-the-art factory that is expected to boost capacity to 12,000 tonnes annually within three years, supporting job creation and local economic development.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Commitment To Local Values And Strategic Growth

Under the stewardship of Ioannis Billis, a seasoned dairy industry executive with substantial expertise in both Greece and Cyprus, the Cyprus project will not only drive operational growth but also reflect the enduring values of local tradition and cultural identity. The acquisition signals a pivotal moment as the third generation of the Giannitsis family embarks on a new journey, marked by innovation and excellence in the halloumi sector.

Path To International Leadership

Enhancing its strategic focus through subsidiaries such as Agrolact and Omiros Dairies Cyprus, the Omiros Group is evolving into a modern, vertically integrated, export-oriented enterprise. With a heritage of over forty years and a presence in more than twenty international markets, Omiros is well positioned to lead globally in the production of high-quality traditional dairy products. This ambitious expansion, with total projected investments in Cyprus reaching €30 million over the next five years, reaffirms Omiros’ commitment to fostering long-term growth and supporting the broader Cypriot economy.

The Future Forbes Realty Global Properties

Airbnb Unveils Reserve Now, Pay Later Option For U.S. Guests

by THEFUTURE.TEAM

August 15, 2025

Introduction

Airbnb has introduced an innovative payment solution designed to enhance user flexibility for U.S. travellers. The new “Reserve Now, Pay Later” feature enables users to secure a booking without an upfront payment, offering a streamlined cancellation process should plans change.

Flexible Payment Terms

This new option applies to listings that feature either flexible or moderate cancellation policies. Under a flexible policy, guests can cancel their reservation up to 24 hours before check-in, while a moderate policy offers no-fee cancellations until five days prior to arrival.

Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram

Payment Timing and Reminders

Regardless of the cancellation window, guests are obligated to complete the full payment before the expiration of the free cancellation period. Airbnb ensures a smooth experience by sending timely payment reminders to avoid any last-minute issues.

Evolution of Airbnb’s Payment Solutions

This initiative builds on Airbnb’s previous forays into flexible payment structures. In 2018, the company offered a partial upfront payment model, and more recently, a collaboration with Klarna enabled guests to pay in four installments over six weeks. Such strategic advancements demonstrate Airbnb’s commitment to adapting and refining its payment solutions to meet evolving consumer demands.

Consumer Insight Driving Innovation

Airbnb’s decision to launch the “Reserve Now, Pay Later” feature reflects robust consumer demand, with recent surveys indicating that 55% of respondents prefer flexible payment options. Additionally, 42% noted missed opportunities due to payment complexities when coordinating with travel companions, underlining the need for simplified financial arrangements.

Conclusion

By enhancing payment flexibility, Airbnb not only broadens its appeal but also addresses critical customer pain points, reinforcing its position as a leader in the evolving travel market. This initiative exemplifies how strategic innovation can drive customer satisfaction in an increasingly competitive landscape.