The April issue of INBusiness magazine is entirely dedicated to Larnaca, the city’s new image, its attraction to foreign investors, and the growing entrepreneurial activity.

Stathis Efstathiou, Founder and CEO of Studio Bagno Group, shares his own view on the transformation of Larnaca into an upcoming investment destination, the impact of the covid-19 pandemic on businesses, and how the latest international developments affect the Cyprus market.

“In recent years, Larnaca has become one of the top destinations for investors. The removal of oil tanks will give another perspective to our city, as the specific area, located in a tourist spot, can become a pole of attraction for locals and tourists… In addition, I consider the creation of the pedestrian path in Piale Pasha to be a milestone project that helped to place our city on the tourist map.”