Polar Bek Daugava sees earnings tumble by 12%

The turnover of Polar Bek Daugava, the company that owns the Radisson SAS Daugava Hotel property in Riga dropped last year by 12 percent, or LVL 1.58 million, to LVL 6.2 million. The hotel company initiated procedures last year for the privatization of the hotel property and redeemed shares belonging to Riga City Council.

 

Biznes&Baltija, 2009-06-29