LOSS
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Insurer Euroins Romania Ends 2021 with RON19M Loss
Euroins Romania, the largest insurance company on the local market after the collapse of City Insurance, ended 2021 with a loss of RON19 million and last year was its third in the red in a r...
VOS Logistics Cargo Sees RO473.6M Revenue in 2021
VOS Logistics Cargo, the local subsidiary of Netherlands’s VOS, posted RON473.6 million (EUR96.3 million) revenue in 2021, an increase of 9% on the previous year, ZF has calculated from Fina...
Telekom Romania Communications Back into the Red in 2021
Telekom Romania Communications, the former fixed telephony monopoly Romtelecom, returned to net losses and posted lower revenue in 2021, the year it became part of France’s Orange Group, whi...
Faurecia Romania Revenue Flat at RON1B in 2021
Faurecia Romania, the local subsidiary of France’s Faurecia, posted RON1.038 billion (EUR211 million) revenue in 2021, 1% lower year-on-year, ZF has calculated from Finance Ministry data.
Alro Slatina Losses Shrink to RON18M in Q1
Alro Slatina, one of the largest vertically integrated aluminum smelters in Europe and the largest electricity consumer in Romania, posted RON18 million losses in the first quarter, down fro...
Furniture Maker Elvila Posts RON1.54M Loss in Jan-Sep
Furniture manufacturer Elvila (ELV.RO) ended the first nine months of 2021 with a loss of RON1.54 million, compared with a net profit of RON1.78 million in the same period of 2020, while rev...
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...
ArcelorMittal Hunedoara Steel Mill Posts RON17.9M Loss in Jan-Sep
ArcelorMittal Hunedoara (SIDG.RO), a steel mill owned by ArcelorMittal, ended the first nine months of 2021 with a net loss of RON17.9 million, compared with a net loss of RON31.4 million in...
Soufflet Agro Romania Revenue Shrinks Almost 40% to RON217.9M in 2020
Grain and oilseeds trader Soufflet Agro Romania posted RON217.9 million (EUR45.2 million) revenue in 2020, 40% lower than the RON362 million (EUR76.4 million) revenue of 2019, Finance Minist...