Big losses at Heidelberg as its year closes

GeorgeA

Active member
It lost a quarter of a million Euros for its 2008/9 fiscal year, and it projects a losing year to come, in spite of all its cost-cutting. The government loan guarantees it applied for still haven't come through, but are expected soon.

Details from the end-of-year report, and a link to the Heidelberg press release, are here:
Gloomy end-of-year report from Heidelberg
 

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