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ArcelorMittalGalati Hopes To Have A Loss Free 2018
Companies

ArcelorMittalGalati Hopes To Have A Loss Free 2018

Bruno Ribo, the chief executive officer of the largest steel mill in Romania, ArcelorMittal Galati, said the company could be free of losses next year, after having spent eight years in the...

Loredana Frățilă-Cristescu · 11.12.2017 · 09:27 · 1 min
State Companies Post RON6.7B Profit And RON1.5B Loss In 2016
Companies

State Companies Post RON6.7B Profit And RON1.5B Loss In 2016

The Romanian Government on Wednesday took note of the activity report for 2016 of state-run public enterprises, which says their profit reached RON6.753 billion and their loss stood at RON1....

Ecaterina Craciun · 22.11.2017 · 20:03 · 1 min
Tarom Expects Loss Of Over RON206M In 2017
Automotive

Tarom Expects Loss Of Over RON206M In 2017

Romanian state-run airline Tarom envisages loss of RON206.79 million in its revised budget of revenue and expenditure for 2017, as per a draft government decision put up for debate by the Tr...

Ecaterina Craciun · 02.11.2017 · 11:15 · 1 min
CFR Marfa Switches From Profit To RON137M Loss
Automotive

CFR Marfa Switches From Profit To RON137M Loss

Romanian state-owned railway freight carrier CFR Marfa expects loss of RON137 million in its revised budget of revenue and expenditure for 2017, compared with the initially forecast profit o...

Ecaterina Craciun · 27.10.2017 · 17:26 · 1 min
Romaero Posts RON9M Loss in 1H/2017
Companies

Romaero Posts RON9M Loss in 1H/2017

Romanian aircraft parts maker Romaero (RORX.RO) on Tuesday reported a loss of over RON9 million for the first half of the year.

Oana Gavrila · 03.10.2017 · 17:29 · 1 min
Energy Holding CE Hunedoara Expects 80% Lower Loss, Of RON169M, In 2017
Energy

Energy Holding CE Hunedoara Expects 80% Lower Loss, Of RON169M, In 2017

The Romanian government has adopted the 2017 budget of revenue and expenditure of state-run energy holding Complexul Energetic Hunedoara, expecting 80% lower loss, of RON169 million, compare...

Ecaterina Craciun · 04.09.2017 · 15:05 · 1 min
Tarom Amassed Overall Loss Of EUR330M Between 2009 And First Half Of 2017
Companies

Tarom Amassed Overall Loss Of EUR330M Between 2009 And First Half Of 2017

State-run airline Tarom has amassed an overall loss of RON1.4 billion (EUR330 million) between 2009 and the first half of 2017, in the context in which its management has changed several tim...

Ecaterina Craciun · 23.08.2017 · 13:06 · 1 min
Unknown Company Posts Highest Loss Of 2016
Companies

Unknown Company Posts Highest Loss Of 2016

A ranking of the heaviest losses among the companies in Romania in 2016 shows the name of a company with Cyprus—based shareholders and no employees on the top spot.

Loredana Frățilă-Cristescu · 16.08.2017 · 09:27 · 2 min
ArcelorMittal Hunedoara Doubles Loss in 1H/2017
Companies

ArcelorMittal Hunedoara Doubles Loss in 1H/2017

Romanian shingle and profile manufacturer ArcelorMittal Hunedoara (SIDG.RO), part of steelworks group ArcelorMittal, reported a loss of RON17.2 million for the first six months, nearly doubl...

Oana Gavrila · 11.08.2017 · 16:47 · 1 min