Breaking news

Strategic Water Conservation In Cypriot Hospitality And Industry

Robust Policy Measures Assure Continued Supply

The director of the Water Development Department, Eliana Tofa Christidou, confirmed that no water supply interruptions are planned for hotels or industrial facilities, either in Limassol or across Cyprus. In an interview with Entrepreneurial Limassol, a periodical published by the Limassol Chamber of Commerce and Industry, Christidou outlined the department’s strategic focus on water conservation, with particular attention to the hospitality sector.

Innovative Practices In Hospitality

Under the Ministry of Agriculture, Rural Development and Environment, initiatives are underway to promote water-saving practices in hotels. The Water Development Department is working with hotel associations and large tourism businesses to encourage the installation of aerators, the reuse of greywater systems, and the reduction of unnecessary outdoor washing. Christidou stressed that hotels play a crucial role in lowering overall water consumption, especially during the summer peak season. Visitor awareness campaigns are also being introduced to encourage responsible water use.

Targeted Guidelines For Industrial Facilities

Under the Ministry of Agriculture, Rural Development and Environment, initiatives are underway to promote water-saving practices in hotels. The Water Development Department is working with hotel associations and large tourism businesses to encourage the installation of aerators, the reuse of greywater systems, and the reduction of unnecessary outdoor washing. Christidou stressed that hotels play a crucial role in lowering overall water consumption, especially during the summer peak season. Visitor awareness campaigns are also being introduced to encourage responsible water use.

Innovative Projects And Future Prospects

The Water Development Department is also examining the feasibility of small desalination units for hotels. The concept is still under technical and environmental evaluation, including permit requirements, but interest from the hospitality industry is growing, particularly among hotels that experience sharp seasonal demand. A dedicated briefing for hoteliers on potential benefits and implementation steps is planned for February.

Expanded Reuse And Regional Advantages

Limassol currently benefits from a stable reclaimed water supply sourced from the Moni and Western Limassol treatment plants, which provide approximately 12 to 13 million cubic metres annually for irrigation. Planned infrastructure upgrades, including the Kourion sewerage system and an additional wastewater treatment facility, are expected to further increase available volumes. Although these quantities do not fully cover agricultural irrigation needs, they place Limassol in a stronger position compared to other districts.

Adaptation In Response To Climatic Shifts

With prolonged drought conditions and mounting pressure on groundwater reserves, authorities are reassessing traditional water sources. Christidou observed that many mountainous communities historically relied on wells once considered inexhaustible, but changing climate patterns are forcing a transition toward more secure and sustainable solutions to support long-term agricultural productivity.

This combined approach of infrastructure investment, technological innovation, and targeted regulation highlights Cyprus’s broader effort to protect its water resources while maintaining economic stability.

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.

The Future Forbes Realty Global Properties
eCredo
Aretilaw firm
Uol

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter