GREENLAND: Royal Greenland to post loss despite hopes of profit
The Royal Greenland Group , Greenland's biggest company, will most likely make a loss in 2001, despite that they had budgeted for a profit of DKR50m (US$6.16m). MD Keld Askær, who was appointed on 1 October, is now preparing for a cost-cutting drive at the fishery, by cutting out unprofitable activities.
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