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Exness firefighting initiatives set to defend Cyprus against wildfires

By Paul Reid

02 July 2024

Fire drone Exness

Rural areas in Cyprus face increasing threats from devastating wildfires, risking the nation's natural landscapes. Following the fires of 2021 in Limassol and Larnaca, Exness pledged €300,000 to enhance the Department of Forests’ firefighting capabilities. We exceeded this commitment, ultimately doubling the donation, resulting in a comprehensive plan to combat this significant issue.

Ourresponse began with a donation of three state-of-the-art firetrucks and a pick-up truck equipped with a water pump, providing firefighters and communities with essential tools to swiftly respond to future threats. To restore ecosystems damaged by the wildfires, we also organized a tree-planting initiative, adding 400 trees to the affected areas.

Recognizing the need for proactive measures, we partnered with the Cyprus Institute of Technology to develop three innovative unmanned drones capable of detecting fires and alerting the Department of Forests at an early stage. To support the use of these drones, we then covers the costs of three drone operators for two years. This innovative approach to fire detection has the potential to revolutionize wildfire prevention. These efforts have earned Exness two Responsible Business Awards.

Martin Thorvaldsson, Exness Head of Community, stated, “Through our ongoing contributions, we’ve made remarkable progress. The firetrucks and innovative fire-detecting drones equip the Department of Forests in Cyprus with the capability and technology to address this issue to its core. We remain committed to contributing whatever future needs may arise and continue fighting for a safer, cleaner, and greener Cyprus.”


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Author:

Paul Reid
Paul Reid

Paul Reid is a financial journalist dedicated to uncovering hidden fundamental connections that can give traders an advantage. Focusing primarily on the stock market, Paul's instincts for identifying major company shifts is well established from following the financial markets for over a decade.