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Business profits drop by half

Mar 10, 2010
From wire reports

TALLINN - According to preliminary data from Statistics Estonia, in 2009, the total profit of the business sector was 17.2 billion kroons (1.1 billion euros), less than half as much as in 2008, reports news agency LETA. Compared to 2008, profits decreased in most economic activities. Only mining, energy, real estate and human health activities showed an ability to increase profits. Agriculture and forestry, as well as accommodation and food service activities, had losses. In 2009, compan ...

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