The Service of the Commission for the Protection of Competition on the 26th of November 2010 received on behalf of the companies Periferiaki Sinergatiki Pistotiki Etairia Lefkosias and Sinergatiki Pistotiki Etairia Daliou, notification of a proposed concentration according to Article 13 of the Control of Concentrations between Enterprises Law (Number 22(I)/99), concerning an agreement by which Sinergatiki Pistotiki Etairia Daliou will transfer all of its assets and liabilities to Periferiaki Sinergatiki Pistotiki Etairia Lefkosias.
Periferiaki Sinergatiki Pistotiki Etairia Lefkosias main activities concentrate in the banking sector. The enterprise is also active as an intermediate for insurance services and has a retail shop at Limpia which sells construction products, farming and animal products.
Sinergatiki Pistotiki Etairia Daliou main activities also concentrate in the baking sector. The enterprise is also active as an intermediate for insurance services.