AAA Auto loses 1.2m euros in Romania and the Netherlands - Azi

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AAA Auto, a company that sells second-hand cars on European markets such as the Czech Republic, Poland, Hungary and Romania, posted 1.25 million-euro losses at its Romanian and Dutch divisions, while sales amounted to 6.31 million euros.

"The performance of the division will be closely monitored, and the Board of Directors will analyse the results and make a decision concerning the division"s operations by June 2009," reads the first-half financial report. In June this year, the Czech-based...

Read the whole story in: Ziarul Financiar