Plaza Centers with a lower net loss

Real estate developer Plaza Centers reported a consolidated net loss of € 103.26 million in 2014, compared with a loss of € 218 million in 2013, the company announced on Friday in a statement. The company’s operating loss amounted to PLN (or €?) 88.84 million, versus PLN (or €?) 185 million in the previous year. Sales revenue stood at PLN (€?) 62.42 million compared to PLN (€) 27.02 million in 2013. Pfleiderer Grajewo is a part of Pfleiderer AG concern. It specializes in production of wood-based materialsused in furniture, interior and construction industries. The company is listed on the WSE. The Plaza Centers Group is an emerging markets developer of shopping and entertainment centers, focusing on developing new centers and redeveloping existing centers, in both capital cities and important regional centers. It has been listed on the WSE since 2007.