company was involved in a high profile scandal involving the alleged theft of millions of Cypriot pounds from the employees' pension scheme. On the 1st January 2021, EAC's electricity supply monopoly ended and Bioland Promithia Ltd, became the first private utility company in Cyprus to directly retail electricity to its growing commercial customer base. See also EAC Monopoly ended 1st January 2021 Energy in Cyprus References Cyprus Electric power companies of Cyprus Government-owned companies of Cyprus Companies based in Nicosia