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The 100 millionaires… from the state

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The 100 millionaires… from the state

Socrates Joachim

Forbes presents the payments in excess of € 1 million made in 2020 by ministries, sub-ministries, departments, services and special funds of the government in physical or legal for 2020, through data obtained from the general accounting of the Republic. Government sponsorship, lending, state contribution as an employer, purchase of services and construction of projects, were the main reasons for the payments made in 2020 by the state funds with the health sector due to the effort made to deal with the pandemic to record the largest expenses. We present the 100 biggest players who received the most money last year.

The data presented relate to payments made through the FIMAS accounting system, which is used by all Ministries / Undersecretaries / Departments / Services and Special Funds. Payments relate to purchases, sponsorships and other purposes. The amounts presented relate to total payments (before deducting any set-off against debts to the State). Excludes payments for defense expenditures and payments for public debt service. Finally, payments are excluded for which the State acts exclusively as an intermediary.

Analytically:

NAME OF NATURAL OR LEGAL ENTITY

1) HEALTH INSURANCE ORGANIZATION € 390.7 MILLION.

State Contribution to the General Health Plan through State Sponsorship, and Contributions as an Employer

2) EUROPEAN COMMISSION € 247.7 MILLION .

Own Resource Payments

3) UNIVERSITY OF CYPRUS € 82.9 MILLION.

State Sponsorship

4) ORGANIZATION OF STATE HEALTH SERVICES € 82.0 MILLION.

State Sponsorship

5) CENTRAL BODY OF EQUAL WEIGHT DISTRIBUTION € 58.4 MILLION.

State Sponsorship

6) PRINCIPLE OF ELECTRICITY OF CYPRUS € 44.8 MILLION.

Electricity Consumption

7) CYPRUS UNIVERSITY OF TECHNOLOGY € 42.2 MILLION.

State Sponsorship

8) MUNICIPALITY OF NICOSIA € 41 MILLION.

State Sponsorship for Projects Co-financed by the Structural Funds and Implemented by Non-Governmental Services,

9) DEFA LTD € 40.8 MILLION.

For Construction Projects and State Sponsorship

10) CYPRUS SPORTS ORGANIZATION € 37.6 MILLION.

State Sponsorship

11) FOUNDATION FOR RESEARCH AND INNOVATION € 36.2 MILLION.

State Sponsorship

12) CYPRUS AGRICULTURAL PAYMENT ORGANIZATION € 29.5 MILLION.

State Sponsorship

13) HERMES AIRPORTS LIMITED € 28.3 MILLION .

Extraordinary lending for support due to COVID-19

14) CYPRUS RADIO INSTITUTE € 27.0 MILLION.

State Sponsorship

15) MUNICIPALITY OF LIMASSOL € 25.6 MILLION.

State Sponsorship and Projects Co-financed by the Structural Funds and Implemented by Non-Governmental Services

16) CYFIELD CONSTRUCTION LTD € 22.4 MILLION.

Road Construction / Maintenance / Improvement

17) CYPRUS TELECOMMUNICATIONS AUTHORITY € 21.2 MILLION.

Telephone Charges

18) MUNICIPALITY OF LARNACA € 17.5 MILLION.

State Sponsorship, and Projects Co-financed by the Structural Funds and Implemented by Non-Governmental Services

19) UNFICYP UNITED NATIONS FORCE IN CYPRUS € 15.8 MILLION .

Peacekeeping Force

20) Η . Ε . MSJACOVIDES & CO LTD € 15,5 MILLION.

Purchase of Medicines and Vaccines

21) CYPRUS BANK ONCOLOGY CENTER € 15 MILLION.

State Sponsorship

22) IACOVOU CONSTRUCTION LTD € 14.2 MILLION .

Road Construction / Maintenance / Upgrading and Construction Projects

23) LIMASSOL PASSENGER TRANSPORT COMPANY (EMEL) LIMITED € 13.9 MILLION.

Public Passenger Transport

24) WELBON LTD € 13.7 MILLION.

Purchase of Government Buildings

25) INSTITUTE OF NEUROLOGY & GENETICS € 13.1 MILLION.

State Sponsorship

26) DEUTSCHE VERBINDUNGSSTELLE KRANKENVERSICHERUNG AUSLAND € 11.4 MILLION.

Cypriot Treatment Plan Abroad

27) MUNICIPALITY OF STROVOLOS € 11.1 MILLION.

State Sponsorship for Projects Co-financed by the Structural Funds and Implemented by Non-Governmental Services

28) MUNICIPALITY OF PAFOS € 10.7 MILLION.

State Sponsorship / Sustainable Development of Fisheries Areas

29) CARAMONDANI DESALINATION PLANTS LTD € 10.6 MILLION .

Water Market

30) SEWERAGE COUNCIL OF LIMASSOL LEARNING € 10.6 MILLION.

Government Contribution to Municipal Sewerage Councils / Rainwater Sewerage Plan for Major Areas of Cities / Biological Systems Maintenance / Sewerage Fees

31) BARNAVAS HATZIPANAGIS LTD € 10.3 MILLION.

Purchase of Medicines and Vaccines

32) CA PAPAELLINA & CO LIMITED € 10 MILLION .

Purchase of Medicines and Vaccines

33) CYPRUS PORT AUTHORITY € 9.9 MILLION.

State Sponsorship

34) ROCHE (HELLAS) S. A. € 9.7 MILLION

Purchase of Medicines and Vaccines

35) GENESIS PHARMA ( CYPRUS ) LIMITED € 9.4 MILLION.

Purchase of Medicines and Vaccines

36) NPT NICOSIA PUBLIC TRANSPORT SERVICES AND OPERATIONS LTD € 9 MILLION .

Public Passenger Transport

37) FIG. HELLENIC SCHOOLS OF LIMASSOL € 8.9 MILLION.

State Sponsorship

38) PETROLINA HOLDINGS (PUBLIC) LTD € 8.3 MILLION .

Fuel Market

39) O RGANISMOS COMMUNICATIONS Nicosia District (O.S.E.L.) LIMITED € 7,9 MILLION.

Public Passenger Transport

40) STATE LOTTERY € 7.6 MILLION.

Replenishment of State Lottery Fund for the purpose of paying winnings to the winners of winning lotteries

41) NET-U CONSULTANTS LTD € 7.4 MILLION .

Purchase / Maintenance of Computer Equipment

42) THE CYPRUS INSTITUTE € 7.4 MILLION.

State Sponsorship

43) GEO . PAVLIDES & ARAOUZOS PHARMACEUTICALS LIMITED € 7.2 MILLION.

Purchase of Medicines and Vaccines

44) Μ.Ε. Famagusta Buses LTD € 7.1 MILLION.

Public Passenger Transport

45) A. ARISTOTELOUS CONSTRUCTION LTD € 5.9 MILLION.

Construction / Improvements of School Buildings

46) LINAC PET SCAN OPCO LIMITED € 5.9 MILLION.

Medical Care in Cyprus

47) THEATER ORGANIZATION OF CYPRUS € 5.8 MILLION.

State Sponsorship

48) DIMITRIADIS AND PAPAELLINAS LIMITED € 5.6 MILLION.

Purchase of Medicines and Vaccines

49) NIPD GENETICS LTD € 5.6 MILLION.

Purchase of Services

50) CYFIELD ENGINEERING AND CONTRACTING PUBLIC LIMITED € 5.4 MILLION .

Sewage Sewerage Plans in Villages

51) PENSION AND GRANTS FUND OF THE CYPRUS RADIO INSTITUTE € 5.3 MILLION.

State Sponsorship

52) C & S AMERICAN HEART INSTITUTE LIMITED € 5.2 MILLION .

Medical Care in Cyprus

53) PAPHOS TRANSPORT ORGANIZATION (OSYPA) LIMITED € 5.2 MILLION.

Public Passenger Transport

54) MARIOS THEOCHARIDIS LTD € 4.7 MILLION .

Medical Supplies

55) FIG. ΕΦ. – EFORIA OF HELLENIC SCHOOLS OF NICOSIA € 4.6 MILLION.

State Sponsorship

56) FIG. ΕΦ. STROVOLOU € 4.6 MILLION.

State Sponsorship

57) ALECTOR PHARMACEUTICAL LIMITED € 4.5 MILLION.

Purchase of Medicines and Vaccines

58) CARAMONDANI BROS PUBLIC CO LIMITED € 4.3 MILLION .

Creation of Seawater Desalination Units / Maintenance of Electromechanical Installations and Equipment

59) ΕΦΟΡ.ΕΛΛΗΝΙΚΩΝ ΕΚΠΑΙΔΕΥΤ.Λ / ΚΑΣ € 4.3 ΕΚΑΤ.

State Sponsorship

60) MUNICIPALITY OF AGIA NAPAS € 4.3 MILLION.

State Sponsorship

61) MUNICIPALITY OF LAKATAMIA € 4.2 MILLION.

State Sponsorship

62) OPEN UNIVERSITY OF CYPRUS € 4.2 MILLION.

State Sponsorship

63) MN LARNACA DESALINATION CO. LTD € 4,1 MILLION.

Water Market

64) MEDITERRANEAN HOSPITAL OF CYPRUS (MHOC) LIMITED € 4.1 MILLION .

Medical Care in Cyprus

65) MUNICIPALITY OF AGLANTZIA € 4 MILLION.

State Sponsorship

66) LPT LARNACA PUBLIC TRANSPORT SERVICES AND OPERATIONS LTD € 3.9 MILLION .

Public Passenger Transport

67) FIG. PAFOS € 3.9 MILLION.

State Sponsorship

68) PHARMACEUTICAL ORGANIZATION OF CYPRUS LTD € 3.8 MILLION .

Purchase of Medicines and Vaccines

69) LOGICOM SOLUTIONS LIMITED € 3.8 MILLION.

Purchase / Maintenance of Computer Equipment

70) AVIOMEDIC LTD € 3.6 MILLION.

Cypriot Treatment Plan Abroad

71) LIFEPHARMA (Z. A. M.) LIMITED € 3,6 million.

Purchase of Medicines and Vaccines

72) VERIDOS GMBH € 3.6 MILLION.

Purchase of Archival Material

73) BLACK OF EOKA COMPETITORS € 3.5 MILLION.

Medical Care in Cyprus

74) CYPRUS YOUTH ORGANIZATION € 3.4 MILLION.

State Sponsorship

75) GALATARIOTIS TECHNICAL LTD € 3.3 MILLION .

Purchase of Computer Equipment, Programs and Services

76) SCIENTRONICS LTD € 3.2 MILLION.

Purchase of Consumables and Equipment

77) N. GABRIIL & SONS LIMITED € 3.2 MILLION.

Improvements / Extensions / Construction of School Buildings

78) Λ.Λ.Λ.Α. INTERVIEW BUSES € 3.2 MILLION.

Public Passenger Transport

79) M. N. LIMASSOL WATER CO . LTD € 3.1 MILLION

Water Market

80) PAN-CYPRIOT BAR ASSOCIATION € 3.1 MILLION.

Projects Co-financed by the Structural Funds and Implemented by Non-Governmental Services

81) HELLENIC TECHNICAL ENTERPRISES LTD € 2.9 MILLION .

Purchase / Maintenance of Computer Equipment

82) CYPRUS HYDROCARBONS COMPANY (E.Y.K) LTD € 2.9 MILLION.

State Sponsorship

83) MUNICIPALITY OF PARALIMNI € 2.9 MILLION.

State Sponsorship

84) CYPRUS SYMPHONY ORCHESTRA FOUNDATION € 2.9 MILLION.

State Sponsorship

85) CURTIS, MALLET-PREVOST, COLT & MOSLE LLP € 2.8 MILLION .

Expenses of Experts and / or Witnesses

86) MUNICIPALITY OF AGIOS ATHANASIOS € 2.8 MILLION.

State Sponsorship

87) MUNICIPALITY OF ARADIPPOU € 2.8 MILLION.

– State Sponsorship

88) MUNICIPALITY OF KATO POLEMIDION € 2.7 MILLION.

– State Sponsorship

89) MUNICIPALITY OF IDALI € 2.6 MILLION.

State Sponsorship / Landscaping, Renovation and Pedestrianization of Squares and Other Areas

90) MEDILINK PHARMACEUTICALS LTD € 2.6 MILLION.

Purchase of Medicines and Vaccines

91) HFC “HOPE FOR CHILDREN” UNCRC POLICY CENTER € 2.6 MILLION .

State Sponsorship

92) LARNAKOS “ZENONAS” BUS LTD € 2.6 MILLION.

Public Passenger Transport

93) MUNICIPALITY INSIDE THE NEIGHBORHOOD € 2.6 MILLION.

State Sponsorship

94) MUNICIPALITY OF LATSIA € 2.6 MILLION.

State Sponsorship

95) MUNICIPALITY OF AGIOS DOMETIOS € 2.6 MILLION.

State Sponsorship

96) BELL TEXTRON PRAGUE AS € 2.6 MILLION .

Maintenance of Aircraft and Helicopters

97) CYPRUS INVESTMENT PROMOTION AGENCY € 2.5 MILLION .

State Sponsorship

98) CHRIST-STELIOS IOANNOS FOUNDATION € 2.5 MILLION.

State Sponsorship

99) LARNACA SEWERAGE COUNCIL € 2.5 million.

Sewerage Fees / Government Contribution to Municipal Sewerage Councils

100) EUROCONTROL € 2.5 million

Contributions to International Organizations

From the October issue of Forbes

Source: www.philenews.com

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