The Romanian operations of French food retailer Hyparlo generated a loss of €2m (US$1.96m) in the first half of 2002.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Director general Gilles Venet attributed the loss to the inflation in Romania and unfavourable exchange rates between the euro and the local currency during the period under review.
Operational costs in Romania left Hyparlo with a loss for the half year.