The four biggest companies part of Ana Holding group controlledby George Copos in the first quarter of this year posted turnoverworth almost 36.4m RON (8.7m euros), down 25% from a year ago.Moreover, the number of employees in these companies dropped by 400people, to 1,500. "This year will be, as I've said before, moredifficult than last year. In the first three months of this year,the turnovers of the four companies I own in tourism, the foodindustry and industry registered declines of more than 20%. Itherefore believe 2010 will be a very difficult and complicatedyear in every respect," specified businessman George Copos. In2008, the peak year of the Romanian economy, the businessescontrolled by Copos had reached turnover worth around 100m euros,but the crisis fallout was rapidly reflected in the results of thegroup of firms controlled by the Romanian entrepreneur. "We have noother solution but to go abroad. We'll go to Georgia with the foodindustry and real estate investments, a country where we've seen ahigh openness from the part of the Government. Whereas we have lotsof taxes, they only have five," Copos said.
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