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(By: Columbia Group)

Columbia Group (CG) has signed a Memorandum of Understanding (MOU) with the University of Cyprus (UCY) to launch initiatives to expand educational, research, development and business opportunities for students.

This MOU will further strengthen the long-standing relationship between UCY and CG and promote the development of various initiatives, events and programs.

The agreement governs collaboration on projects, internships and research. It includes the organization of scientific and educational events, as well as the placement of internships and full-time positions for UCY students, giving them valuable insight into the business world and putting CG in touch with emerging talent.

In addition, the MOU establishes PhD programs that comply with UCY rules and encourages joint participation in research projects both locally and internationally. It promotes knowledge sharing to enhance innovation, entrepreneurial skills and support for start-ups.

Mark O’Neil, President of Columbia Group, commented: “This MOU underscores our commitment to developing local talent and enhancing educational opportunities. By working with the University of Cyprus, we can support academic programs and provide students with important industry insights and an understanding of the challenges and needs of a global organization. We are committed to strengthening our partnership and exploring new growth opportunities.”

The Chairman of the University Council of the University of Cyprus, Tasos Anastasiou, stated: “The University aims to develop effective strategic partnerships within the regional business ecosystem, therefore strengthening its relations with such a well-known and diverse organization as the Columbia Group is a natural step forward, as this promising collaboration can be expressed in many exciting areas.”

For his part, the Rector of the University of Cyprus, Professor Tasos Christofides, stressed: “The partnership with Colombia is an opportunity to bridge the gap between academic theory and real practice, promote innovation and improve students’ career preparation.”

This MOU also reflects Columbia Chairman Heinrich Schoeller’s long-standing commitment and loyalty to the people of Cyprus and his dedication to the prosperity and well-being of the island. His tireless support has been instrumental in promoting initiatives that benefit the local community and contribute to the growth of the island.

CG places a strong emphasis on education, which is reflected not only in its collaboration with UCY, but also in its New Graduate Programme. This 18-month programme offers graduates prospects of permanent employment and provides them with training, mentoring and the opportunity to work on challenging projects. Participants gain valuable experience, develop skills and explore different areas of the organisation, preparing them for a successful career in the maritime sector and beyond.

The products and services described in this press release are not endorsed by The Maritime Executive.