LOSS
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Eurobank Wants To Sell Loss-Making Romanian Leasing Unit
Greek Eurobank group, whose Romanian assets include lender Bancpost, has put up for sale its leasing division, ERB Leasing, and has just started talks with potential buyers, several industry...
Credit Europe Halves 1H Loss In Romania, At EUR3M
Credit Europe, the local subsidiary of the financial group controlled by Turkish billionaire Husnu Ozyegin, posted net losses of EUR3.1 million (nearly 14 million lei) in the first semester,...
More Than Half Of Romania’s Banking System In The Black In H1
A number of 24 banks in the system posted profit in the first half, while 16 were in the red, said Nicolae Cinteza, head of the Supervision Department of Romania’s central bank.
Constanta Shipyard Switched To Operating Loss In 1H
Romanian Constanta shipyard (SNC.RO), owned by businessman Gheorghe Bosanceanu, switched to operating losses of 0.8 million lei in the first semester, from a net profit of RON5.5 million dur...
Ambient Sibiu Slips Back Into The Red
Sibiu-based do-it-yourself retailer and construction material distributor Ambient controlled by businessman Ioan Ciolan ended 2014 with 497 million lei (EUR112 million) revenue, down 20% on...
Major Clean Energy Investors See Almost RON2B Losses In Romania
No other industry has gone from ecstasy to agony in the span of just one year as the green power industry did.
Companies In Romania Posted RON40B Net Losses In 2014
Companies in Romania posted total net losses estimated at 40 billion lei (EUR9 billion) last year. Rompetrol Rafinare is the only company in Romania that posted more than RON1 billion losses...
Dafora Medias Switches To RON92M Record High Loss In 1H
Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calburean, under insolvency, switched to 92.7 million lei record high loss in the first half of 2015, co...
eMag Loss Widened At RON58M In 2014
Dante International, managing Romania's largest online retailer eMAG, reported net losses of 58.3 million lei (EUR13.1 million) in 2014, eightfold higher than a year before, according to Tra...