TUESDAY, 26 MAR 2019



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George Paraskevaides Honoured for Overall Contribution to Entrepreneurship

George Paraskevaides Honoured for Overall Contribution to Entrepreneurship

Coming to the end of the KEBE Business Leader Awards ceremony – taking place at the Evagoras Lanitis Centre in Limassol, presented by EY, and organised by the Cyprus Chamber of Commerce & Industry and IMH – George Paraskevaides was recognised with the Honorary Award for Overall Contribution to Entrepreneurship.


Accepting the award on behalf of his late father is Efthyvoulos Paraskevaides, with President Nicos Anastasiades delivering a special address.


The contribution of George Paraskevaides is huge and diverse. Starting with entrepreneurship, it extends in all directions to encompass many areas of society. His legacy lives on with his memory, now being passed down from generation to generation.


George Paraskevaides became a benefactor to generations of Cypriots from the day he laid the foundations of his first contracting firm. Later came Joannou & Paraskevaides with his partner Stelios Ioannou. J&P would promote Cyprus internationally and since 1946, the contracting giant has employed thousands of Cypriots, consciously showing its preference for Cypriot materials and services. Following the Turkish invasion it provided jobs to thousands of families and breathed life into the country’s ruined economy.


George Paraskevaides was undoubtedly the one who opened up the Arabian Gulf to Cypriot employees and businessmen. He also made the Cyprus Problem known throughout the world, helped by his close friendships with powerful international personalities.


He was a man of great sensitivity to human suffering and, with his wife, he established the George & Thelma Paraskevaides Foundation to help needy Cypriots. The Foundation, in cooperation with the Shriner Hospital in Massachusetts, USA, has enabled more than 3,000 children with orthopedic disorders to be operated on free of charge, while the Paraskevaidion Surgical & Transplant Foundation, which he also founded, has carried out more than 900 kidney transplants.


For his generous contribution, George Paraskevaides received the highest honours from heads of state, church leaders and a host of officials, bodies and organisations. He and his wife Thelma had three children Efthyvoulos, Leoni and Christina.


The respected businessman and benefactor of Cyprus died in London on 5 December 2007, aged 91.


KEBE Business Leader Awards:


The ΚΕΒΕ Business Leader Awards honour leadership excellence in Cyprus. Having taken place at the Evagoras Lanitis Centre in Limassol on Friday, October 31, the awards, presented by EY, were organised by the Cyprus Chamber of Commerce & Industry and IMH.


The individuals recognised are those who operate with integrity and ethos, who have gained the respect of their own employees as well as that of their competitors and the broader business community, and who work on the basis of the key principles that characterise a successful leader: dynamism, innovation, foresight and knowledge.


By the end of the evening, a total of 7 Awards will be presented in the following categories:

•    Business Leader in the Tourism, Hospitality and Leisure Sector

•    Business Leader in the Manufacturing Sector

•    Business Leader in the Commercial Sector

•    Business Leader in the Financial and Professional Services Sector

•    Business Leader in the Shipping Sector

•    Business Leader in the Services Sector

•    EY Honorary Award for Overall Contribution to Entrepreneurship


The Platinum Sponsor of the awards is ΕΥ, Gold Sponsor is Carrefour Cyprus and the Silver Sponsors are Carob Mill Restaurants and Zivana Loel.


The ΚΕΒΕ Βusiness Leader Awards ceremony is an invitation-only event.


The event was streamed live by Cytanet on the InBusinessNews and Gold Νews websites.





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