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Nordica came out of the Covid-19 year with a loss twice smaller than expected

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This morning, the general meeting of Nordic Aviation Group (NAG) or Nordica shareholders approved the company's annual report for the previous financial year. While the business initially forecast a loss of more than 20 million euros due to the near complete cessation of operations as a result of the Covid-19 lockdowns, the company actually ended 2020 with a loss of 10.5 million euros.

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This press release was sourced from Nordica on 06-Jul-2021.