Plaza Centers Reports EUR34M Loss Due To Depreciation Of Romanian Assets

04.08.2013 By Ecaterina Craciun

Israeli Plaza Centers, the real estate developer of the Casa Radio project in Romania’s capital city Bucharest, reported loss of EUR85.9 million in 2012, mainly due to a EUR34.1 million decrease in the book value of assets held in Romania, the company said in its financial report Monday.

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PLAZA CENTERS
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