The business of RTC Holding group, which includes companiesoperating on the courier service, stationery, book, fashion andmanufacturing markets, controlled by businessman Octavian Radu,went down by 12% in the first half and reached 56 million euros,compared with the same time of last year.
A few months ago, book retailer Diverta, which had 10 millioneuros in debt and 30 million euros in business in 2009, as well ascourier service company TCE Logistic`, with 8.5 million euros indebt, also part of the RTC Holding, went insolvent and startedreorganisation.
"We are no longer losing money from our operations groupwide,compared with 2009, when we posted 2 million euros in losses in thefirst half. Considering the seasonal nature of our businesssectors, I hope that the second half will bring us back to netprofit," Octavian Radu stated.
The sales decline pace, 12% in the first six months of 2010, waslower than in the same time of 2009, when some companies in thegroup, such as the Diverta bookstores, posted 30% drop inbusiness.
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