Employer and Trade Union Organisations

The Employers and Industrialists Federation (OEB) is an independent organisation representing the business community of Cyprus. It comprises of the 51 main Professional Associations and 450 major individual enterprises in the Manufacturing, Services, Construction and Agriculture Sectors of the economy. OEB is an acknowledged spokesman of the business community and is consulted as such by the Government

OEB’s principal objectives are:

• To defend and promote the system of private enterprise and free market economy, which alone offers the best opportunities for growth, combined with freedom of choice and action for the individual.

• To promote economic development and consequently achieve comprehensive social progress as quickly as economic conditions allow.

• To facilitate the economic and institutional harmonisation of Cyprus with the acquis communautaire of the European Union.

• To safeguard and promote the interests of its members and the business community in general, within an international entrepreneurial environment and especially within the European Single Market.

• To keep the balance of power between the business community, the Trade Unions and other pressure groups within Cyprus pluralistic decision-making system.

OEB seeks to influence decision-making in a way that helps create a techno-economic and institutional infrastructure which encourages business activity and benefits all of society.