They are looking for solutions to the problems faced by entrepreneurs in the Frenarous industrial area of the province of Famagusta.
The very high rents, the lack of parking, and the poor road network of the area make the daily life of the tenants. According to the president of the industry, Andro Georgiou, the rents for the companies are very high, a fact that makes the viability of the businesses in the area particularly difficult.
According to Mr. Georgiou, rents have been stable since 2013, but now, during this difficult period, their rise begins. Desperate entrepreneurs in the industry, ask to remain stagnant for a few more years, so that they can manage to balance and stand on their own two feet, after the loss caused by the coronary heart disease pandemic. "In many cases, he emphasizes, they exceed the turnover of companies, explaining that many companies are on the verge of bankruptcy."
If the rents remain stable, says Mr. Georgiou, there will now be the possibility for the companies in the industrial, which are currently under-functioning, as he said, to put forward for development, for implementation and to become sustainable again. He did not fail to mention that many steps were taken in this direction, with the committee having many meetings with the Director General of the Ministry of Commerce.
Famagusta.News