Loading ...Eurolines Romania, the second-largest player locally on the international passenger road transportation segment, posted an 8% decline in revenues in the first eight months of 2008, as the number of transports dropped 5% and total kilometres by 10%, daily Business Standard wrote on November 25.
“The negative evolution of these indicators was caused by fewer transports to Spain,” due to a decline in demand, Eurolines co-owner, Dragos Anastasiu, said. Furthermore, fuel exenses rose 14%.
“The negative evolution of these indicators was caused by fewer transports to Spain,” due to a decline in demand, Eurolines co-owner, Dragos Anastasiu, said. Furthermore, fuel exenses rose 14%.
Eurolines Romania’s profit amounted to €1.4 million, at the holding level. According to Anastasiu, earnings came from passengers and goods transportation service sales, bus leasing, airline ticket sales, and other operations, such as taxi services.
The company’s main competitor, Atlassib, registered stagnation in revenues in the first 3 quarters of 2008, due to higher fuel expenses.
The company’s main competitor, Atlassib, registered stagnation in revenues in the first 3 quarters of 2008, due to higher fuel expenses.
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