Sovata posts 0.36m euros in revenues

Hungarian group Danubius Hotels, which controls Balneoclimaterica Sovata company through its Salina Invest Targu Mures branch, at the end of the first half posted losses of 8.8 million euros, of which 360,000 euros derived from the company’s Romanian-based operations. According to a company report, the entire group’s revenues reached Ft 16.5 billion, up 8% since the year-ago period. Thus, Ft 10.5 billion account for revenues registered by the group’s Hungarian hotels, Ft 2.4 billion resulted from activities developed by Czech units, Ft 3.2 billion were gained in Slovakia, while the contribution brought in by Balneoclimaterica Sovata amounted to Ft 89 million (about 342,000 euros). ZF