Results 176 - 200 from 291 for "loss"
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OMV Petrom Anticipates Negative Result Of Power Business In 2014
11.06.2014
Romania’s leading oil&gas company OMV Petrom (SNP.RO), owned by OMV Austria, estimates it will register losses from the electricity production this year, after the electric power generated in more
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Unprofitable Drilling In Romania Widens Petroceltic 1H Loss
09.17.2014
Oil company Petroceltic said Wednesday it had a loss of $57.4 million in the first half of the year, from a loss of $16.1 million in the same period a year ago, mainly due to the amortization of more
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Romanian State-Owned Airline Tarom Expects RON117M Loss This Year
08.27.2014
Romanian state-owned airline Tarom expects a loss of RON116.8 million this year, from a loss of RON130.1 million in 2013, according to the company budget the government approved Tuesday. more
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Austria’s VIG Gets Tired Of Losses, Moves To Harsh Restructuring Steps In Romania
08.19.2014
Austrian insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Viata in Romania, wants to put an end to its losses on the local market and decided to implement a set of harsh more
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Greek-Held Marinopoulos No Longer Has Any Business In Romania
08.01.2014
Greek-held Marinopoulos, one of the most important franchise holders in Romania during the economic boom years of the last decade, has no more operations left in the country, following the loss of the more
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High Expenses Keep Insurers In The Red
07.23.2014
Insurance companies are paying 72% of a year’s gross written premiums to their customers in claim settlements, and their operating expenses amount to 42% of their revenue, which means revenue is 14% more
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BCR Life To Cover Loss By Returning Dividends
07.15.2014
BCR Asigurari de Viata (BCR Life) will cover its losses of the past two years from dividends it distributed in 2012, which will be returned, and from profits the company expects to make in the more
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Astra Asigurari, VIG’s Romanian Businesses Generated 85% Of Total Loss On Insurance Market In 2013
07.01.2014
Astra Asigurari and the insurers held by Vienna Insurance Group (VIG) in Romania - Asirom, Omniasig and BCR Asigurari de Viata - generated in 2013 over 85% of the losses posted by the insurance more
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Insurance Industry Ends Eighth Year In The Red With EUR100M Loss
07.01.2014
Insurance companies ended last year with a loss about 450 million lei (EUR100 million), 40% higher than in 2012. This is the eighth year in the red for the Romanian insurance industry, according to more
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Mariana Diaconescu Leaves Asirom Following EUR54m Loss
06.27.2014
Austrian insurer Vienna Insurance Group (VIG), the majority owner of Asirom, has decided to replace Mariana Diaconescu as chairperson of the managing board after three years on the job. The more
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Transition Keeps IKEA Romania In The Red
06.19.2014
The IKEA furniture and decorations store in Bucharest posted EUR0.5 million loss in 2013, something its representatives say was due to the transition of the store from a franchised store to a directly more
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Carpatica Asig’s Loss Rose More Than Fourfold In 2013, To RON30.3M
06.16.2014
Romanian insurer Carpatica Asig Sibiu on Monday said its loss widened more than 330% to 30.3 million lei (EUR6.8 million) on the in 2013, facing three consecutive years of losses, according to company more
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Oltchim Posts Highest 2013 Loss In Romania
06.16.2014
The highest loss posted by a company in Romania last year stood at EUR220 million and was reported by Oltchim. Financial institutions posted five of the ten highest losses in 2013. more
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Labormed Posts 61% Higher Sales, 84% Lower Loss In 2013, 1st Year Under Alvogen’s Control
06.11.2014
Sales of Romanian generic drug producer Labormed Pharma surged nearly 61% to 141.8 million lei (EUR32 million) and its loss narrowed by 84% to RON18 million in 2013, the first year under the ownership more
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AXA Life Insurance Romania Loss Widens 4.9% In 2013, To RON46M
05.27.2014
AXA Life Insurance Romania, part of French group AXA, posted a RON45.99 million loss in 2013, 4.9% higher than in 2012, marking its fourth consecutive year of losses, which amounted to RON155.9 more
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Insurer CARE Romania Amassed Losses Of RON24.7M In 2010-2013
05.26.2014
Compania de Asigurari-Reasigurari Exim Romania (CARE Romania), held by Eximbank Romania, ended 2013 with losses of RON7.86 million, 18% higher than in 2012, and marked its fourth consecutive year of more
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Omniasig VIG 2013 Loss Narrows 4.9% To RON217M
05.23.2014
Omniasig Vienna Insurance Group’s losses narrowed 4.9% on the year in 2013 to RON217.04 million, while its turnover fell 14.2% to RON881.1 million, the company said. more
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Gothaer Asigurari 2013 Loss Widens Fourfold On Year To RON33.9M
05.14.2014
Insurance company Gothaer Asigurari registered loss of 33.9 million lei (EUR7.63 million) in 2013, fourfold higher from RON8.3 million in 2012, and 17% below early-year estimates, according to data more
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Austria’s Agrana Posts RON101.2M Loss In Romania In 2013
04.16.2014
Austrian group Agrana registered loss of 101.2 million lei (nearly EUR23 million) in Romania in 2013, versus profit of RON1.9 million a year before. more
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Asirom Switched To RON235.5M Loss In 2013, Underwritings Dropped 8.8%
04.14.2014
Romanian insurer Asirom posted a RON235.5 million loss in 2013, from a net profit of RON14.9 million in 2012, and underwritings dropped 8.8%, to RON544.1 million, according to the insurer's earnings more
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Non-Performing Retail Loans Cause Banks EUR2B Losses
04.08.2014
A total of 9 billion lei (EUR2 billion) worth of retail loans were more than 90 days overdue at the end of February, written off by banks because chances of recovery were slim to none. Such loans more
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Posta Romana Posts RON27.6M Loss In 2013
03.14.2014
Romanian state-owned postal operator Posta Romana ended 2013 with an exploitation activity loss of RON27.62 million, more than nine times higher than estimated in its budget, which forecast a loss of more
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AXA Books EUR26M Loss On Sale Of Romanian Operations
02.28.2014
French-held insurer AXA, which decided to pull out from Romania at the end of last year, booked a EUR26 million loss on the sale of its local life insurance operations, its annual report reveals. It more
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Boromir Prod Turnover Down 19.6% In 2013, Loss Doubles To RON3.9M
02.18.2014
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO), controlled by businessman Constantin Boromiz, ended 2013 with a turnover of RON91.67 million (EUR20.7 million), down 19.6% on the more
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Orsova Shipyard 2013 Loss Down Three-Fold To RON2.6M
02.14.2014
Romanian shipyard Santierul Naval Orsova (SNO.RO) Friday said it registered loss of 2.6 million lei (EUR602,000) in 2013, three times lower than RON7.8 million in 2012. more