Home Appliances Maker Electroarges Losses Flat At RON8M In Jan-Sep

11.16.2023 By Tibi Oprea

Home appliances and components manufacturer Electroarges (ELGS.RO), the only large locally owned player in the market, posted RON8 million loss in the first nine months of 2023, compared with a loss of RON7.94 million in the same period of 2022, on contract revenue of RON28.3 million, less than half of the RON67 million in the first nine months of 2022.

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