5 Minute News

Creation of a private company to support Cypriot potato farming

October 9, 2025

The government has established a private company with the sole shareholder being the Council for the Trade of Cypriot Potatoes (CTCP) to reduce operational costs. The new bill is expected to change the structure and operation of the CTCP, which has supported potato farming in Cyprus for decades. There are currently 1,300 potato farmers in Cyprus, with 50% utilizing the CTCP for managing their products. Potatoes are the leading agricultural product in the country, with significant exports mainly to Greece and the United Kingdom. The CTCP is being modernized and continues its operations without burdening the state budget.