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Farmakas Quarries Public Company Ltd

Company Description

Pharmakas Quarries Ltd was incorporated in 1986, and its principal activities include the excavation, crushing, selection and processing of dirt, sand, stones, gravel, rocks and petrification. The Company is also involved in the packing, transport and sale of its output.

Pharmakas Quarries Ltd. has the privilege of 2 quarries that have been allotted to the Company by the Ministry of Agriculture. The geographical location of the 2 quarries is considered to be among the best quality gravel and sand that is used for construction purposes and road building. The quality of deposits from a quarry constitutes an important factor for the competitive advantage of any company in the marketplace. The appropriate equipment is also essential for the quality of output of the Company, as it has to meet the standards set by the Ministry of Agriculture and other Agencies.

The Company pays a lot of attention to the quality of its output, thus carries out systematic quality inspections during excavation and only the appropriate materials are used. Also, the Company takes all necessary safety precautions for its employees as well as for the inhabitants of the surrounding area where the quarries are situated. In the areas where the quarrying is carried out, the Company then fills in the area with earth and plants trees so as to restore it to its original location.

Pharmakas Quarries invests a considerable amount of money for upgrading its machinery, which together with the high quality deposits from its quarries, constitute the key to the manufacturing potential of the Company as well as the restrained production costs. The Company is in a position to cover the cover the market needs in the Nicosia district. The quality of the Company's output has made it possible to work at full capacity for almost throughout the whole year.
SecuritiesCompanyDateStake
UFIUNIFAST FINANCE & INVEST. (CR)23/04/202360.00 %