International Internet Magazine. Baltic States news & analytics
Thursday, 18.09.2014, 22:43
Estonian Air expected to post loss in amount of 27 mln euros in 2012
This year, the company's financial activity lead it to the risk zone, LETA/ERR reported.
The company reduced its net assets to 19.6 million euros, which makes less than a half of its share capital, Kaazik pointed out.
The expert noted that the company's net assets value could diminish to ten million euros by the end of the year.