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LOSS

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Constanta Shipyard Posts Loss Of Over RON5M On Year In 1H/2018
Companies

Constanta Shipyard Posts Loss Of Over RON5M On Year In 1H/2018

Romanian ship repair and building company Constanta shipyard (SNC.RO) on Monday said it registered a loss of RON5.3 million in the first half of 2018, compared with a profit of RON4.6 millio...

Ecaterina Craciun · 03.09.2018 · 10:47 · 1 min
Argus Constanta 1H Loss Doubles To Over RON7M
Companies

Argus Constanta 1H Loss Doubles To Over RON7M

Vegetable oil producer Argus Constanta (UARG.RO) on Friday said it registered a loss of RON7.6 million in the first half of 2018, double against the level reported in the year-earlier period...

Ecaterina Craciun · 31.08.2018 · 12:18 · 1 min
Tinmar Energy Market Share Down From 9% To 3%
Energy

Tinmar Energy Market Share Down From 9% To 3%

The year 2017, one of the most delicate years for the energy market, took a toll on the results of Tinmar Energy, an electricity trader held by businessman Augustin Oancea, which had become...

Loredana Frățilă-Cristescu · 21.06.2018 · 10:50 · 2 min
Romania Is Losing 140,000 People A Year Or Almost EUR2B In Wages Alone
Social/Politics

Romania Is Losing 140,000 People A Year Or Almost EUR2B In Wages Alone

Romania’s economy is losing some EUR2 billion every year because 140,000 people ‘vanish’ from statistics, either due to migration abroad or to the negative birth rate.

Loredana Frățilă-Cristescu · 24.05.2018 · 11:03 · 1 min
Patria Bank Posts RON19M Loss, Nearly RON31M Operating Income In 1Q/2018
Banks-Insurance

Patria Bank Posts RON19M Loss, Nearly RON31M Operating Income In 1Q/2018

Patria Bank, which resulted from the merger between Banca Comerciala Carpatica and Patria Bank, on Wednesday reported a loss of RON19 million in the first quarter of 2018, from a loss of RON...

Ecaterina Craciun · 16.05.2018 · 12:23 · 1 min
Alumil 1Q Loss Widens To RON1M, Net Income Soars 74% To RON21M
Companies

Alumil 1Q Loss Widens To RON1M, Net Income Soars 74% To RON21M

Romanian aluminum processor Alumil Rom Industry (ALU.RO) on Monday said its net income soared 74.8% year-on-year, to RON21.3 million, in January-March 2018, and its loss widened to RON1.04 m...

Ecaterina Craciun · 14.05.2018 · 15:05 · 1 min
ARGUS Posted RON9.2M Loss In 2017
Companies

ARGUS Posted RON9.2M Loss In 2017

Vegetable oil producer Argus Constanta (UARG.RO) registered a loss of RON9.2 million and a turnover of RON163.03 million in 2017, according to data sent by the company to the Bucharest Stock...

Ecaterina Craciun · 28.02.2018 · 17:38 · 1 min
Patria Bank Posts RON42M Net Loss in 2017
Banks-Insurance

Patria Bank Posts RON42M Net Loss in 2017

Patria Bank, which resulted from the merger between Banca Comerciala Carpatica and Patria Bank, on Friday reported a net loss of RON42 million in 2017.

Oana Gavrila · 16.02.2018 · 11:36 · 1 min
Garanti Bank Switches To RON109M Profit In 2017 Vs RON38M Loss In 2016
Banks-Insurance

Garanti Bank Switches To RON109M Profit In 2017 Vs RON38M Loss In 2016

Garanti Bank registered a net profit of RON109.7 million in 2017, reaching a return on equity (ROE) of over 10%, with all business lines generating profitability, after ending 2016 in the re...

Ecaterina Craciun · 01.02.2018 · 16:21 · 1 min