LOSS
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LaDorna Dairy Producer Revenue Shrinks 6% to RON223M in 2019
Dorna Lactate, the company that makes the LaDorna brand and is part of the French Lactalis group, ended 2019 with 223 million lei revenue, down 6% on 2018, and slipped into the red with an a...
Distributor Whiteland Import-Export Still in the Red with RON3.8M Loss in 2019
Whiteland Import Export, the distributor of Muller, Hochland, Meggle and Nestle products, posted 204 million lei revenue last year, slightly higher than in 2018 (2%). However, it remained in...
Rompetrol Rafinare Loss Triples in 1H, to RON592M
Rompetrol Rafinare (RRC.RO), part of KMG International and 44.6% owned by the Romanian state, posted a net loss of RON592 million in the first half of 2020, compared with a loss of RON138 mi...
Petrotel Lukoil Refinery Turns to Loss in 2019
Petrotel Lukoil, the operator of the refinery in Ploiesti held by Russia’s Lukoil, registered a loss of RON67.6 million in 2019 from a profit of RON4.8 million in 2018, finance ministry data...
eMAG, Largest Online Retailer In Romania, Returns To Net Profit In 2019 After Six Years Of Loss
Dante International, which operates eMAG – the largest online retailer in Romania and one of the biggest players in the region, has returned to net profit in 2019, after six years of loss, p...
Benvenuti Expects 40% Decline in Turnover and RON10M Loss in 2020
Benvenuti, one of the leading footwear retailers in Romania, expects a turnover of RON83 million this year, nearly 40% lower than in 2019, the lowest since 2013. The company is also bracing...
Energy Holding CE Oltenia 2019 Loss Shrinks To RON860M
Romanian state-run energy holding Complexul Energetic Oltenia, the largest electricity producer in Romania, registered a loss of RON860 million in 2019, from a loss of RON1.13 billion in 201...
Massive Social Cost Of Crisis: One In Four Employees Sent Home, 190,000 Lost Their Jobs Altogether
Almost one in four employees in companies was either furloughed or without a job by April 6, the data centralized by the Labor Ministry daily show. A number of 1.14 million employment contra...
Rompetrol Rafinare Posts Net Loss of $49M in 2019
Rompetrol Rafinare (RRC.RO), part of KMG International, posted a net consolidated loss of $48.97 million in 2019, 77% deeper compared with a loss of $27.6 million in 2018, its said in its pr...