The Business and Administrative Services group comprises establishments performing routine support activities for the day-to-day operations of other organizations. These essential activities are often undertaken in-house by establishments in many sectors of the economy. Activities performed include office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.
The Cypriot economy is expected to find itself on a safer path than it did during the previous decade. Increased competition, technological progress, energy costs, the availability of finance and uncertainty about the future are the main long- term challenges facing cypriot businesses.