Group 4 Falck doubles turnover

Group 4 Falck Romania, held by the world’s second-largest security services firm, posted 8m-euro turnover last year, twice the previous year’s results, as the company entered the money processing field in H2, 2003. “We made a huge step last year, namely in the second half, as we expanded our operations to the money processing field. We estimate to post some 14m euros in turnover in 2004, out of which 60%-70% will come from money processing,” Liviu Tarsea, president of Group 4 Falck Romania, told Ziarul Financiar. According to Tarsea, seven centres are operating nationwide, with a processing capacity of 25,000bn ROL per month. ZF