Results 1 - 25 from 44 for "losses"
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Rompetrol Rafinare 1Q/2022 Losses Widen Ninefold from 1Q/2021
05.18.2022
Financial securities did not protect Rompetrol Rafinare, the company managing Petromidia, Romania’s biggest refinery, from the Ukraine war impact over oil prices, with the company’s losses soaring more
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Furniture Maker Elvila Switches to Losses in 2021
04.26.2022
Furniture producer Elvila, listed on the Bucharest Stock Exchange and controlled by businessman Viorel Catarama, shifted to losses in 2021. more
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Romania’s Tourism Lost 4 Million Tourists in 2021 against 2019
01.07.2022
Romania’s tourism in January-November 2021 lost around 4 million tourists compared with the same months of 2019. more
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Tarom Ends 2021 with 170% Higher Revenues and RON400M Losses Against 2020
01.05.2022
Romanian National Air Transport Company Tarom last year generated revenues worth RON958 million, up almost 170% against 2020, in line with the adjusted revenues and expenditures budgeted published in more
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CFR Calatori 2020 Revenues Down 14% YOY to RON1.8B
10.22.2021
Romania’s state-owned passenger railway carrier CFR Calatori reached revenues worth RON1.8 billion in 2020, down 14% year-on-year, while losses more than doubled against 2019, to RON354 million. more
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Bucharest’s 10 Biggest Shopping Malls Raked in RON214M Losses in 2020
08.30.2021
The ten companies managing Bucharest’s largest shopping centres, occupying a total area of above 740,000 square metres, ended 2020 with overall losses of RON214 million. more
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Broadhurst-controlled Electroaparataj Went into the Red in 1H 2021
08.24.2021
Electroaparataj Targoviste, a maker of electrical equipment and electrotechnical accessories, ended the first half of 2021 with net losses of RON415,425, compared with net profit worth RON711,115 in more
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Railway Freight Carrier CFR Marfa Deeper into the Red in 2020
08.19.2021
State-owned railway freight carrier CFR Marfa posted RON335 million loss in 2020, its 13th year in the red in a row, during which it accumulated more than RON3 billion losses, publicly available data more
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Alro Group Ends 1H/2021 with RON47M Losses, Against RON253M Profit in 1H/2020
08.11.2021
Alro Slatina group, one of Europe’s biggest vertically integrated aluminum producers, posted losses of RON47.5 million in the first six months of 2021, compared with profit worth RON253.6 million in more
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Sugar Producer Agrana Hit RON760M in Revenues in 2020, Up 27%, But Went into the Red
08.11.2021
Agrana Romania, the biggest player on the Romanian sugar market, ended 2020 with turnover worth RON760 million, 27% higher than in 2019, in line with Finance Ministry data. more
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Private Pension Fund Managers Post RON15M Losses in 2020
06.14.2021
Even though pension funds generated about RON4.4 billion (EUR900 million) net profit for the employees paying into them, 2020 was a bad year for pension fund managers due to the RON14.6 million losses more
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Six Weeks Of Shutdown For Auto Industry: Over EUR3.7B Losses, 70,000 Cars Not Made
04.06.2020
The extension of the furlough period in the auto industry will lead to additional losses for the local automotive industry, which should have reached a new all-time high this year, thanks to the two more
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Tarom Headed to 12th Year in the Red after Posting RON66.3M Losses in H1
09.20.2019
Flag carrying airline Tarom posted 624 million lei (EUR132 million) revenue in the first half, 17% higher than in the year-ago period. However, it remained in the red, and the last year it posted more
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Top 30 Loss-Makers In IT&C Sector RON1.36B In The Red In 2018
08.14.2019
The 30 worst net losses posted by IT&C companies in 2018 stood at 1.36 billion lei (EUR292 million), with telecoms leading the way into the red, ZF has found from the companies’ filings with the more
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Romania Loses RON5.5B Annually to Counterfeit Trade
06.06.2019
Annual losses caused by counterfeit trade and pirated content in Romania amount to an estimated RON5.5 billion, the equivalent of 17.2% of sales across 11 economic sectors, a study released Thursday more
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KDF Energy Widens Losses In January-February
04.28.2017
KDF Energy, the third local energy trader which went insolvent since the beginning of the year, (after Transeenergo COM and Arelco Power) registered losses of RON4 million in January and RON10 million more
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Energy Holding CE Oltenia Expects Higher Losses For 2015 Due To RAAN Bankruptcy
01.29.2016
Romanian state-run energy holding Complexul Energetic Oltenia expects losses higher by RON68 million for 2015, which translate into accounts receivable it can no longer recover from two companies, more
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ASF: 75% Of Brokers Posted Losses In 1H
09.21.2015
A number of 21 brokerage companies of all authorized 28 switched on losses in 2015, compared with 16 companies end-2014, on the backdrop of a reduced activity on the Bucharest Stock Exchange, more
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ArcelorMittal Hunedoara Switched To Losses In 1H
09.10.2015
Romanian steelmaker ArcelorMittal Hunedoara (SIDG.RO) switched to 4 million lei losses in January to June, compared with a net profit of RON5,2 million during the same period a year before. more
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Margaritar Sugar Brand Producer Halves Losses In 1H
09.02.2015
Sugar processor Agrana Romania (BETA.RO) halved its losses in the first semester of 2015, at 13 million lei, on lower operating expenses. more
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Drought Triggers EUR2B Losses, Product Price Hikes - LAPAR
08.04.2015
Drought has seriously damaged this year’s crops and caused EUR2 billion losses to producers, which represent unrecoverable investments, thus, prices of Romanian products will increase in the more
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Tarom, Caught Between “Preliminary Talks” And Missed Targets
02.10.2015
State-run airline Tarom, placed under private management, further operates a motley fleet made up of 24 Airbus, Boeing and ATR aircrafts, while its fleet homogenization process is still in the stage more
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CE Oltenia Posts Losses In January-September, But Invests In Advertising
12.09.2014
Complexul Energetic Oltenia, Romania’s largest thermal power producer, which groups the energy complexes of Oltenia basin with lignite mines, registered losses of RON290 million (around EUR66 more
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ARB: Local Banking System Will Suffer Major Loss This Year In NPL Clean-up Process
10.31.2014
Romania’s banking system will suffer a major loss this year on banks’ move to remove bad loans from their portfolios, a process that is far from having concluded as BNR wants a NPL ratio similar more
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Hotels Controlled By SIF Transilvania Saw Losses Widen Ten Times Last Year
09.17.2014
The hotel companies controlled by SIF Transilvania (SIF3.RO) and traded on the Bucharest Stock Exchange in 2013 registered overall losses standing at 5 million lei (EUR1.13 million), ten times higher more