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Agora hit hard by Covid-19 pandemic in 2020

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Agora hit hard by Covid-19 pandemic in 2020
Source: Agora SA

In 2020, the Agora Group has faced with the serious effects of the Covid-19 pandemic, strongly felt by its advertising and cinema businesses. In the face of the pandemic, the Management Board of Agora decided to implement a crisis plan, which includes a number of measures securing the company's long-term financial liquidity and cost savings, as well as giving up businesses deprived of opportunities for development in the current situation.

“The pandemic closed cinemas for a year – the greatest…

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