What Can Private Equity Do For Cyprus

Private equity and foreign investment may hold the key to the future of the Cypriot market, just as it did with Malta a decade ago, says our Cyprus legal team.

Constantinos Herodotou, the Cyprus government's newly-appointed Commissioner of Privatisations, made a very interesting remark during an informative panel event that took place last week in Nicosia.

Mr. Herodotou, being the person entrusted to lead the Unit that will manage the privatisation of the island's semi-government organisations - Cyprus Telecommunications Authority (Cyta), the Electricity Authority of Cyprus (EAC) and the Cyprus Ports Authority (CPA) – positioned these privatisations as trade sales to private equity investors and foreign investors.