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Bulgaria: Trabant drivers’ meet German car parts maker Continental made an operating profit in the second quarter and said it still had “solid” cash reserves at the end of June.
Continental’s quarterly earnings before interest and tax were 38.8 million euros. It credited “the most extensive cost-cutting package in the company’s history.” Since last September Continental has cut 10 percent of its workforce.More about: Car industry, GermanyCopyright © 2012 euronews
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