ECM Real Estate Investments A.G.
ECM Real Estate Investments A.G. (ECM) is engaged in real estate investment and property development. The company invests in residential, commercial, retail and hotel segments. ECM also provides construction, leasing, sales and facility management services. The principal activities of the company are categorized into development, business operations and hotel operations. ECM operates along with its subsidiaries and joint ventures across Russia, Cyprus, the Netherlands, Luxembourg, the Czech Republic, Poland China and Hong Kong. The company is headquartered in Prague, Czech Republic.The company reported revenues of (Euro) EUR 38.77 million during the fiscal year ended December 2008, an increase of 84.45% over 2007. The operating loss of the company was EUR 74.24 million during the fiscal year 2008, as against an operating income of EUR 37.90 million during 2007. The net loss of the company was EUR 102.49 million during the fiscal year 2008, as against a net profit of EUR 25.83 million during 2007.