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21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM 1 www.ciba-cy.org

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Page 1: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 1

21st ANNUAL GENERAL MEETINGFour Seasons Hotel

Friday 14 November 2014, 6:00 pm

www.ciba-cy.org

Page 2: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 2

21st ANNUAL GENERAL MEETING Four Seasons Hotel, LimassolFriday 14 November 2014

PROGRAM

6:00 pm - Constitutional part Welcoming and Opening Address Frixos Savvides , CIBA President Report of the Executive Committee- Chris Koufaris ,CIBA General Secretary

Consideration of the financial statements and the report of the Independent Auditor for the year 2013 Appointment of the Independent Auditor and authorisation of the Committee to fix their remuneration.

6:45 pm – Break

7:00 pm – Ceremonial part Speech by the President of CIBA, Mr. Frixos Savvides. Address by H.E. The President of the Republic of Cyprus Mr. Nicos Anastasiades CIBA 2014 Award for Excellence

Page 3: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 3

The Executive Committee Members from AGM 2013 – AGM 2016

Company Category1. Frixos Savvides (President) HIVE CONSULTANT/DIRECTOR2. Philippos Antoniades CHEMIKALIEN SHIPPING 3. Andreas Andreou CSM SHIPPING4. Marios Anastasiou FBME BANKING & FINANCE5. Lefkios Papadopoulos BARCLAYS BANKING & FINANCE6. Doxia Nikia STRATUSMANAGEMENT SERVICES7. George Flouros NCR IT 8. Angelina Markari SODEXO FOOD & CLEANING SERV9. Liudmila Bozhedomova ITERA OIL & GAS10. David Bestwick AVANTI SATTELITE COMMUNIC.11. Neil Smith RAVEN RUSSIA REAL ESTATE Investments12. Jens Wilhelmsen ANCHOR OIL & GAS - Investments

www.ciba-cy.org

Page 4: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 4

The Executive Committee

by business sector number

1. OIL & GAS 2 2. FOOD / LOGISTICS /INVESTMENTS 2

3. COMMUNICATIONS & IT 24. BANKS 2 5. SHIPPING 26. MANAGEMENT SERVICES 2

www.ciba-cy.org

Page 5: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 5

2014 Membership Structure

 

TOTAL TRADING SHIPPING FX & FINANCIAL

OIL / GAS / ENERGY CIT LEG+AUDIT OTHER

                 

FULL Members 97 14 17 35 9 11   11

SUPPORT Members 34     21     4 9

TOTAL 131 14 17 56 9 11 4 20

    11% 13% 43% 7% 8% 3% 15%

Page 6: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 6

2013 2014 VAR

JAN 1145 816 (329)FEB 1259 781 (478)MAR 1177 1018 (159)APR 783 1093 310MAY 702 969 267JUN 609 761 152JUL 831 1138 307AUG 709 722 13SEP 765 919 154oct 845 683 (162)

8,825 8,900 75

NEW COMPANY REGISTRATIONS 2014 V 2013

Page 7: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 7

CYPRUS COMPANY REGISTRATIONS

www.ciba-cy.org

TOTAL COMPANIES REGISTERED since EU entry

2003 9,080 2004 11,5872005 14,4942006 20,2802007 29,0162008 24,4532009 16,1012010 19,278 2011 19,538 2012 17,999 2013 10,8472014 8,900 ytd Oct 2014

Page 8: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 8

Company Registrations 2000 - OCT 2014

www.ciba-cy.org

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 419130

3000

6000

9000

12000

15000

18000

21000

24000

27000

30000

33000

9,362 9,432 8,497 9,08011,587

14,494

20,280

29,016

24,453

16,101

19,27819,53817,999

10,8478,900

Page 9: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 9

MEMBERS MEETINGS

www.ciba-cy.org

Page 10: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 10www.ciba-cy.org

MEMBER’S MEETINGFOUR SEASONS HOTEL

3 June 2014

MIGRATION WORKSHOPHeaded By Anny Shakalli

Director of the Civil Registry and Migration Department

Sponsors: Profserve Holdings Ltd.

Page 11: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 11www.ciba-cy.org

MEMBER’S MEETINGFour Seasons Hotel18 September 2014

John Patrick Hourican CEO Bank of Cyprus

Sponsors: Kypros Satellites Ltd.

Page 12: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 12www.ciba-cy.org

MEMBER’S MEETINGFour Seasons Hotel

20 October 2014

The new Cyprus health care scheme and how it will affect the International Businesses and their

employees

Prof. Philippos C. Patsalides MINISTER OF HEALTH

Page 13: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 13www.ciba-cy.org

In addition …

Page 14: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 14www.ciba-cy.org

COMMEMORATIVE BROCHURE to celebrate the

Association’s 20th Anniversary 2014

Page 15: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 15www.ciba-cy.org

CIBA NEW CAMPAIGN

ADVERTISING in the ICPAC – ΣΕΛΚ Accountancy magazine

Page 16: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 16

… we add value to your substance… make yourself visible

www.ciba-cy.org

Page 17: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 17

SPECIAL CIBA EXPOSE IN OCT 2014GOLD MAGAZINE

Thank you to all participants

Our special thanks to all CIBA member companies who have supported the special expose on CIBA in the GOLD Magazine

www.ciba-cy.org

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1 NOV 2013 CIBA AGM 18

21st ANNUAL GENERAL MEETINGFour Seasons Hotel, Limassol

Friday 14 November 2014

A big thank you to IMH for their

co-operation throughout the year

www.ciba-cy.org

Page 19: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 19www.ciba-cy.org

NEW CIBA SUB-COMMITTEES

MIGRATION SUB-COMMITTEECHAIRMAN – MR. KYRIACOS KACOULLIS

OIL and GAS SUB-COMMITTEECHAIRMAN – MR. JENS A. WILHELMSEN

SPACE SUB-COMMITTEECHAIRMAN – Mr. DAVID BESTWICK

Page 20: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 20www.ciba-cy.org

Official signing reception of the Cooperation Agreement between Kypros Satellites (Member of CIBA) and Airbus

Defence and Space subsidiary SSTL - SEP 2014

ORGANISED by CIBA

Page 21: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 21

CIBA Administration

THANKS TO MARGARITA FOR ALL HER HARD WORK, DEDICATION AND SUPPORT TO THE CIBA EXECUTIVE COMMITTEE AND CIBA MEMBERS.

Margarita Alexandrou

www.ciba-cy.org

Page 22: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

1 NOV 2013 CIBA AGM 22www.ciba-cy.org

REVAMPING THE CIBA LOGO

The CIBA logo was revamped recently in keeping up to date with modern trends

Page 23: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 23

Thank you for your cooperation

The Minister of Finance The Minister of Interior The Minister of Communication and Works The Minister of Energy, Commerce, Industry & Tourism The Minister of Labour and Social Insurance The Limassol Chamber of Commerce The Cyprus Shipping Chamber The Cyprus Investment Promotion Agency-CIPA The Institute of Certified Public Accountants-ΣΕΛΚ The Association of International Banks The Russian Business Association

www.ciba-cy.org

Page 24: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 24

Thank you to our Sponsors

CIBA relies on the support of its sponsors to enable it to carry out many of its activities. On behalf of the CIBA Executive Committee I would like to express our gratitude to the following organisations who have sponsored CIBA events during the last year.

www.ciba-cy.org

Page 25: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 25

Thank you to our Auditors

CIBA wishes to thank our auditors PWC for their time , professional advise and support

www.ciba-cy.org

Page 26: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 26

21st ANNUAL GENERAL MEETINGFour Seasons Hotel Limassol

Friday 14 November 2014

7:00pm – Ceremonial part

Speech by the President of CIBA, Mr. Frixos Savvides Address by H.E. The President of the Republic of Cyprus,

Mr. Nicos Anastasiades CIBA 2014 Award for Entrepreneurship

www.ciba-cy.org

Page 27: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 27

21st ANNUAL GENERAL MEETINGFour Seasons Hotel, Limassol

Friday 14 November 2014

Speech by the President of CIBAMr. Frixos Savvides

www.ciba-cy.org

Page 28: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 28

21st ANNUAL GENERAL MEETING Four Seasons Hotel, Limassol

Friday 14 NOV 2014

Address by H.E. The President of the Republic of Cyprus

Mr. Nicos Anastasiades

www.ciba-cy.org

Page 29: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 29

21st ANNUAL GENERAL MEETINGFour Seasons Hotel, Limassol

Friday 14 November 2014

CIBA 2014 AWARDBusiness Excellence Award

For outstanding achievement professionalism and expertise in the financial

industry

www.ciba-cy.org

Page 30: 21 st ANNUAL GENERAL MEETING Four Seasons Hotel Friday 14 November 2014, 6:00 pm 14 NOV 2014 CIBA AGM1

14 NOV 2014 CIBA AGM 30

21st ANNUAL GENERAL MEETINGFour Seasons Hotel, Limassol

Friday 14 November 2014

A big thank you to the sponsors of

the CIBA 2014 AGM

SYNOT International Limited

www.ciba-cy.org