Electromagnetica Switches To RON1.6M Loss In First 9 Months Of 2023

11.11.2023 By Ecaterina Craciun

Electromagnetica Bucuresti (ELMA.RO), which makes electrical equipment and produces electricity, switched to a loss of RON1.55 million in the first nine months of 2023, from a net profit of RON23.5 million in the same period of 2022, and its turnover fell by 11.6% on the year to RON152.8 million, as per the company's quarterly financial report.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: Electromagnetica; , earnings

Comment

Username:
Password: