LOSS
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Winners And Losers On Bucharest Stock Exchange In January 2020
Fondul Proprietatea, MedLife and Purcari are the top performing investments among the first-tier companies on the Bucharest Stock Exchange in January 2020, with yields of 11%, 7% and 6%, acc...
Investment in New IKEA Store Takes Toll, Causes RON8M Loss in 2018
IKEA Romania, the local subsidiary of the Swedish furniture and home decor retailer by the same name, ended the 2018 with a net loss of 8 million lei (EUR1.7 million), compared with a net pr...
BCR Group Posts EUR24M Net Loss in 1H on Court-Ordered Provision
BCR Group registered an operating income of EUR332 million in the first half of the year, up 7.5%, but the net profit attributable to the majority stockholder, Erste, was reduced to a EUR24....
PwC Survey: Skilled Labor Shortage Cause EUR7B Loss For Companies In Romania
Over half of Romanian entrepreneurs (52%) said the lack of qualified employees generates financial loss which, estimated for the entire economy, stands at EUR7.1 billion, according to PwC Eu...
Urgent Cargus Slips into the Red with RON3.6M Loss in 2018
Parcel delivery company Urgent Cargus, the second largest actor on the courier service market in Romania, ended 2018 with 424 million lei (EUR89.5 milion) revenue, an increase of 14% over 20...
Rompetrol Rafinare Posts $14M Net Loss in 1Q/2019
Rompetrol Rafinare, part of KMG International, on Wednesday reported a net loss of $14 million for the first quarter, compared with a net loss of $3.7 million in the first quarter of 2018.
Alro Slatina Posts RON9M Loss, RON767M Turnover YoY In 1Q/2019
Alro Slatina (ALR.RO), one of the largest vertically integrated aluminum producers in Europe, on Tuesday said it registered a loss of RON9 million in January-March 2019, compared to a net re...
Metrorex Expects Loss Of RON304M In 2019 Vs RON193.9M In 2018
Subway operator will register a loss of RON304 million in 2019, compared to RON193.9 million in 2018, according to the company’s 2019 draft budget of revenue and expenditure put up for publi...
Tarom Posts 40% Lower Loss, 25% Higher Revenue In January-August 2018
Romanian state-run airline Tarom on Thursday reported a nearly 40% lower loss and over 25% higher revenue for the first eight months of 2018, the best financial results of the last four year...