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LOSS

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Alpha Bank Romania Posts EUR13.1M Profit In 2016 Vs EUR18M Loss In 2015
Banks-Insurance

Alpha Bank Romania Posts EUR13.1M Profit In 2016 Vs EUR18M Loss In 2015

Alpha Bank saw an increase in operating revenue in 2016, despite a slight decrease in the portfolio of gross loans. The portfolios of corporate and consumer loans shrank, with the bank count...

Ecaterina Craciun · 02.04.2017 · 19:00 · 1 min
27 Lenders In The Black And 10 In The Red In 2016
Banks-Insurance

27 Lenders In The Black And 10 In The Red In 2016

Almost three quarters of the lenders in Romania posted profit in 2016, an improvement on 2015, Romania’s central bank data show.

Loredana Frățilă-Cristescu · 27.02.2017 · 00:00 · 1 min
State-Run Energy Companies Posted Overall Loss Of RON4.2B In Last Three Years
Energy

State-Run Energy Companies Posted Overall Loss Of RON4.2B In Last Three Years

Companies subordinated to Romania’s Energy Ministry reported an overall loss of RON4.2 billion over the last three years, according to data provided by the ministry.

Ecaterina Craciun · 13.10.2016 · 15:54 · 1 min
Romania’s Wind Power Industry Posted Net Loss Of RON4B In 2014 And 2015
Energy

Romania’s Wind Power Industry Posted Net Loss Of RON4B In 2014 And 2015

The net loss of Romania’s wind power industry increased by RON1.9 billion in 2015, to nearly RON4 billion (approximately EUR900 million), cumulated for the years 2014 and 2015, due to a lack...

Ecaterina Craciun · 11.10.2016 · 16:05 · 1 min
Unirea Cluj-Napoca Loss Doubled To RON539,000 On Year In 1H/2016
Companies

Unirea Cluj-Napoca Loss Doubled To RON539,000 On Year In 1H/2016

Unirea Cluj-Napoca (UNIR.RO), manufacturer of machines used for metal processing, reported a loss of RON539,000 in the first half of 2016, compared to a loss of RON268,000 posted in the year...

Ecaterina Craciun · 05.10.2016 · 11:20 · 1 min
Comat Galati Switches To Loss In 1H/2016
Companies

Comat Galati Switches To Loss In 1H/2016

Comat Galati (COTM.RO), which specializes in wholesale trade of industrial products, switched to loss of RON80,300 in the first half of 2016, versus a profit of RON76,000 in the same period...

Ecaterina Craciun · 26.08.2016 · 11:57 · 1 min
Romanian Nuclearelectrica Registers Loss in 1H
Energy

Romanian Nuclearelectrica Registers Loss in 1H

Romanian state-owned nuclear power producer Nuclearelectrica (SNN.RO) on Friday reported a net loss of RON37.8 million for the first half of the year, from a net profit of RON2.9 million in...

Oana Gavrila · 12.08.2016 · 11:30 · 1 min
Romanian Insurance Market Posted Net Loss Of Over RON3B In Ten Years
Banks-Insurance

Romanian Insurance Market Posted Net Loss Of Over RON3B In Ten Years

Romania’s insurance market posted net loss of over RON3 billion (EUR700 million) between 2006 and 2016, considering that it ended 2015 with a loss of RON267 million (EUR60 million), accordin...

Ecaterina Craciun · 24.07.2016 · 13:34 · 1 min
ExxonMobil Ends Year With EUR72M Losses In Romania
Energy

ExxonMobil Ends Year With EUR72M Losses In Romania

ExxonMobil, which signed a deal to explore the deep water sector of the Neptun Block in the Black Sea with OMV Petrom, the only oil and gas producer in Romania in 2008, ended last year with...

Loredana Frățilă-Cristescu · 20.07.2016 · 00:00 · 1 min