ELECTROARGES
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Electroarges Calls Shareholders To Vote On Name Change
Home appliances and home appliance component maker Electroarges (ELGS.RO) has called shareholders for July 26 to vote on the sale of the stakes the company holds and on the change of its name to AETA Industria.
Home Appliances Maker Electroarges Losses Flat At RON8M In Jan-Sep
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 wit...
Electroarges Raises RON5M via Bonds
Electroarges (ELGS.RO), one of the largest home appliances manufacturers in Romania, completed a bond placement that ended with 2 million bonds with a par value of RON2.5 each subscribed. In...
Electroarges Posts RON600,000 Profit in Jan-Sep
Home appliances manufacturer Electroarges (ELGS.RO) recorded net profit of about RON603,000 in the first nine months of the year, compared with RON4.9 million loss of in the same period in 2...
Made in Romania Home Appliances: Electroarges Makes Parts for Arctic
Romania’s home appliances manufacturer Electroarges produces parts for Arctic, the country’s largest home appliances manufacturer, in a bid to cut reliance on German-held Karcher.
Electroarges Switches To RON1.3M Net Profit In January-June 2021
Romanian vacuum cleaner and home appliances manufacturer Electroarges (ELGS.RO) had a net profit of RON1.3 million in January-June 2021, from a loss of RON9.5 million in the same period in 2...
Electroarges Seeks to Expand Production, Create 170 Jobs
Romanian vacuum cleaner and home appliances manufacturer Electroarges, which has a production unit in Curtea de Arges, will invest EUR11.4 million to expand production.
Electroarges Switches To RON13.7M In 2020
Vacuum cleaner manufacturer Electroarges (ELGS.RO) in Curtea de Arges ended 2020 with a net loss of RON13.7 million, from a net profit of RON2 million in 2019, and revenue from contracts of...
Electroarges Gets State Aid Of Up To RON27.7M To Expand Production Capacity Of Household Components
Romanian household manufacturer Electroarges (ELGS.RO) in Curtea de Arges has received a state aid of maximum RON27.7 million from the Ministry of Public Finance, which will be used for the...