Bar-based Kontejnerski terminal posts Q1 loss of about EUR 377,000, up 55 percent from previous year
The business revenues of this company grew substantially from EUR 1.5 million to EUR 4.49 million, and so did business expenditures - from EUR 1.74 million to EUR 4.78 million.
Increased payments to workers, which grew from EUR 1.24 million to EUR 4.28 million, contributed to the large growth of expenditures and this bad result. Namely, in the given period, redundant workers received severance pays.
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