Turkey: TCDD reports losses

Turkish State Railways (TCDD) reported a loss of 1.28 billion Turkish lira (461 million euros) last year. This is the largest loss of all the state economic enterprises of Turkey in 2013, according to a report unveiled in Parliament.
TCDD’s losses increased 45.9% since 2012. Overall, Turkish state enterprises lost 3.8 billion Turkish lira (1.36 billion euros) last year.

Source: www.todayszaman.com


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