Spain’s Nefinsa posts losses of €89mn in 2012

In 2012, the Spanish corporate holding Nefinsa, which owns construction materials company 4862 Uralita and airline Air Nostrum, posted losses of €89 million, which were added to the €57 million losses that the company had posted a year before. Subsidiary Uralita, with losses of €43 million in 2012, was responsible for most of the holding's debt but losses of Air Nostrum were also high at €41 million.