Cocor Bucharest (COCR), a prominent shopping in the heart of Bucharest, recorded losses of RON 7.9m during the first half of the year, losses, a result that was 4.6 times worse than in the same period last year. In the first half of last year losses were RON 1.7m, according with dailybusiness.ro.
Meanwhile, the company’s turnover halved from RON 12m to RON 6.2m, according to a company report. Cocor reported revenues of RON 9m, down 43 percent from the first half of 2011, when the company achieved revenues of RON 16m.
