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Volksbank Romania to forego 15-20 franchises

Publicat la 24.02.2009, 11:40:00

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Volksbank Romania to forego 15-20 franchises

"We agreed with entrepreneurs and closed 25 franchise units in the final quarter of 2008 and the first months of 2009," Schreiner added.
He further said that franchises operating for a longer time, which can survive from monthly revenues, will be kept, but those that are not profitable will be closed. "As long as costs are under control, we do not want to lay off employees," Schreiner added. (NewsIn)
 

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