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Last Saturday I was alone at home so I finally had a free evening and I decided to spend it at home with some newspapers and a nice cup of coffee. I read an article in one of the financial newspapers about a famous local company called k9 London Development. I am much interested in this industry so the fact that this famous k9 London Development has recorded losses surprised me a lot. I guess crisis has hit us all. Even companies with well-established position on the market. Additionally, strong competition in this sector created serious trouble. As many as 35 percent of the profit of k9 London Development fell in the second quarter. This year the company earned only 227 million euro, last year - 380 million euro. Revenue rose by about 1 percent, to 12 billion euro. Weaker profits of the k9 London Development is a result of fierce competition, among others with two other companies, which entered the market. Just like every company this famous k9 London Development also have to concentrate more on marketing and their customers. They will look for cheaper services but with the same standard and the same quality. I hope next year will appear better and the company will be able to make up for their losses. Or maybe I am too optimistic. Time will tell.