LOSS
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Oltchim Posts RON9M Loss From Current Operations In 1H, But Huge Profit After Annulment Of Debts
Romanian state-run chemical plant Oltchim registered a net profit of RON2.31 billion (EUR518 million) in the first half of 2015, after the annulment of debts worth RON2.35 billion based on i...
Banca Comerciala Carpatica Widens Loss To RON15M In 1H
Romanian lender Banca Comerciala Carpatica (BCC.RO) widened its loss in the first half of the year to RON15 million, from RON0.35 million in the same period last year, as its net revenue dec...
Gothaer Asigurari Romania Widened Loss In 2014, To RON46.5M
Insurer Gothaer Asigurari Reasigurari, part of German group Gothaer, widened its loss in Romania by 37% last year, to RON46.5 million from RON33.9 million in 2013, while its underwritings ro...
Insurers’ Aggregate Loss Down To RON36m In 2014
Local insurance companies posted 36 million lei (EUR8 million) aggregate loss in 2014, down from the more than RON1.3 billion in 2013.
CEZ Romania Posted RON871M Loss In 2014
CEZ Romania on Tuesday said it registered a loss of RON871.68 million in 2014, compared to a net profit of RON220 million in 2013.
Vega Hotel Hopes To See Profit Return in 2015
Vega Turism, the operator of the five-star Vega Hotel in the Mamaia resort by the Black Sea posted 9% growth in revenue to 21 million lei (EUR4.7 million) last year, because of the rise in o...
Romania's Uranium Company Posted RON105M Loss In 2014
Romania's national uranium company CNU posted a loss of RON104.7 million (EUR23.5 million) last year after setting up provisions following litigation with the country's Court of Accounts.
Umbrarescu's Bank Posted Loss Of RON35M In 1st Year On Market
Banca Romana de Credite și Investitii (BRCI), owned by businessman Dorinel Umbrarescu, posted net loss of 35 million lei () in 2014, while its assets were 2.5 fold higher, the bank said in i...
2014, Metro Cash&Carry’s First Year In The Red In A Decade
Germany’s Metro Cash&Carry, which operates a network of 31 stores in Romania, posted its first losses in a decade, 1.26 million lei (EUR0.3 million), last year. Profit during the boom years...