Troodos Tourism Authority Launches Geopark Partner Programme To Elevate Local Heritage

by THEFUTURE.TEAM

October 31, 2025

Introducing The Troodos Geopark Partner Programme

The Troodos Tourism Development and Promotion Company has launched a groundbreaking initiative to integrate local gastronomy, cultural assets, and tourism. The new Troodos Geopark Partner Programme builds on the region’s recent inclusion in the Global Geoparks Network, marking a significant step in enhancing its international profile.

Integrating Local Business With Cultural Legacy

This programme fosters collaboration between local enterprises and the region’s rich cultural heritage. Through participation in the initiative, restaurants, local product shops, and handicraft workshops will actively promote Troodos’s geological, ecological, and gastronomic values. The strategic alignment of these sectors is designed to generate a multiplier effect that bolsters regional tourism and local economic growth.

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Strategic Funding and Long-Term Vision

Supported by the LEADER initiative’s Rural Development Programme 2014-2020 and the broader local development strategy, the programme exemplifies effective public-private partnerships. The commitment to informing visitors about Troodos’s points of interest and connecting local agri-food products to traditional mountain gastronomies underscores a forward-thinking approach to sustainable tourism development.

Driving Tourism Through Voluntary Engagement

Businesses joining the programme agree to meet rigorous criteria designed to ensure the dissemination of comprehensive information regarding the region’s geological and cultural significance. By positioning themselves as ambassadors of Troodos’s natural and culinary heritage, these participants are key to enhancing the region’s appeal on a global stage.

For more information and to review the participation criteria, please visit the official Troodos website at My Troodos.

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

by News Editor

October 21, 2026

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.

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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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