Results 26 - 50 from 59 for "losses"
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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
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Credit Europe Halves Loss In Romania
09.16.2014
Credit Europe, the local subsidiary of the financial group controlled by Turkish billionaire Husnu Ozyegin, ended the first half of this year with a net loss of EUR6.1 million (the equivalent of RON27 more
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Romanian Business Learns How To Turn A Profit Again
09.11.2014
Romanian companies reported the lowest overall loss in the past six years, at EUR10.5 billion in 2013, while profit totaled EUR14.1 billion, according to Trade Registry data. The gap between profit more
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Banks And Insurers, One Fifth Of 100 Largest Losses In Romanian Economy In 2013
06.26.2014
Around 20% of the almost EUR3 billion negative figure registered by the companies with the 100 widest losses in the economy last year were reported by banks and insurance companies, which virtually more
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Blocked Roads And Railways Cost Romania Hundreds Of Millions Of Euros A Day
01.29.2014
Back in the communist regime days until 1989, if traffic stopped, heads would roll starting from station masters, says George Buruiana, chairman of the Railway Freight Carriers of Romania Association. more
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Banks To Lose RON5B If Forced To Vet Contracts For Possible Abusive Clauses
06.04.2013
Romanian commercial lenders are likely to incur aggregate losses of some 5 billion lei (over EUR1.1 billion) following the potential implementation of a regulation allowing collective lawsuits against more
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Romania Central Banker Explains Why Companies’ Losses Hinder Economic Growth
02.25.2013
The losses amassed by companies in Romania hinder the country’s economic growth, according to an analysis by central bank deputy governor Florin Georgescu. more
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Hidroelectrica Will Register Losses Of EUR100M In 2012 Due To Severe Drought - Administrator
10.06.2012
Romania’s insolvent hydropower producer Hidroelectrica will register losses of EUR100 million this year and its revenues will drop by about 800 million lei (EUR175 million), the company’s more
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Economy Ministry: CNH Sold Coal Below Costs In 2009-2011
10.03.2012
Romanian state-run coal mining company Compania Nationala a Huilei (CNH) posted total losses of 543.7 million lei (EUR121 million) in 2009-2011 because it sold coal at prices below the cost of more
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Insurance Regulator Posts Loss Of RON19M In 2011
08.16.2012
Romania's insurance market regulator CSA posted losses of 18.9 million lei (EUR4.2 million) in 2011, compared with profit of RON5.2 million in 2010, according to its yearly report. more
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Posta Romana Accumulates Losses Of Almost RON500M In Three Years
08.09.2012
The total losses of the Romanian postal company in the past three years amount to 484 million lei (EUR106.6 million) and the company risks to collapse if its restructuring plan is not successful. more