Dialogos

Cyta: Parliament's Decision to Operate in Energy Sector is a Key Step

Published March 27, 2026, 14:01
Cyta: Parliament's Decision to Operate in Energy Sector is a Key Step

The House of Representatives has passed legislation allowing Cyta to operate in the energy sector. Cyta considers this decision a key step in its further development in a competitive market and thanks MPs from all parties for their cooperation. The new legislation allows Cyta to expand its activities into the energy market, within the framework of the new institutional framework governing its operation. The President of the Cyta Board of Directors, Maria Tsiakka, stated that the company will work responsibly to turn the Parliament's vote of confidence into benefits for society. Cyta, as a public benefit organization, is committed to operating with respect for market rules and the new institutional framework, maintaining its long-standing goal of creating value for Cyprus and its citizens. This decision marks a new era for Cyta, allowing it to leverage its potential and contribute to the development of the energy sector in Cyprus.