LOSS
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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...
2015, Cora’s Third Year In The Red In A Row
Cora Romania hypermarket chain ended last year with 40 million lei (EUR9 million) losses, 60% higher than in 2014.
Swine Farmers Return To Profit After Bad January-April
Swine farmers in Romania are profitable again after the price per kilo of live swine went up from 3.4 lei (EUR0.75) in the first four months of the year to the about RON6.2 slaughterhouses a...
Unirea Shopping Center Ends 2015 With RON6.5M Loss
Romania’s Unirea Shopping Center (SCDM.RO), which controls the stores in capital Bucharest and central city of Brasov, reported a loss of RON6.5 million (EUR1.4 million), its first negative...
European Food Losses Reach RON387M
European Food, the largest producer of the group of brothers Ioan and Viorel Micula, posted 387 million lei (EUR86 million) losses in 2015, RON80 million higher than the revenue.
ArcelorMittal Galati Still In The Red In 2015
ArcelorMittal Galati, the largest steel plant in Romania, ended 2015 with 297 million lei (EUR66 million) losses, 40% lower than in 2014 and 4.5 times lower than in 2009. The last profitable...
Romanian Government Stakes In Nuclearelectrica And Romgaz Worth EUR1B Less
In one year, state-run Nuclearelectrica (SNN.RO) and Romgaz (SNG.RO) stock prices dropped 33% and 38%, which means the Energy Ministry’s stakes are worth about 4.3 billion lei (about EUR1 bi...
Banca Comerciala Carpatica Posts Loss Of RON8.9M In 1Q/2016
Romanian lender Banca Comerciala Carpatica (BCC.RO) registered a 2% lower net interest income in the first quarter of 2016, of RON11 million, and a net loss of RON8.9 million, from a profit...
Condmag 2015 Loss Nearly Doubled To RON26M
Romanian insolvent oil and gas pipe maker Condmag Brasov (COMI.RO), owned by businessman Gheorghe Calburean, reported a loss of RON26 million in 2015, almost double from RON14 million in the...