Waste oil recycling firm Avista Oil narrows loss in 2014, but still deeply in the red

Insolvency of Dutch subsidiaries weighs on results / Positive US business

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(D) – German group Avista Oil AG again posted a multi-million euro loss in 2014. The international waste oil recycling company reported a loss of nearly €10.8m, according to the annual figures reported in the German Federal Gazette. This, however, was an improvement of €35m compared to the loss booked in the ...

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