LOSS
330 articole · RSS
Non-Performing Retail Loans Cause Banks EUR2B Losses
A total of 9 billion lei (EUR2 billion) worth of retail loans were more than 90 days overdue at the end of February, written off by banks because chances of recovery were slim to none. Such...
Posta Romana Posts RON27.6M Loss In 2013
Romanian state-owned postal operator Posta Romana ended 2013 with an exploitation activity loss of RON27.62 million, more than nine times higher than estimated in its budget, which forecast...
AXA Books EUR26M Loss On Sale Of Romanian Operations
French-held insurer AXA, which decided to pull out from Romania at the end of last year, booked a EUR26 million loss on the sale of its local life insurance operations, its annual report rev...
Boromir Prod Turnover Down 19.6% In 2013, Loss Doubles To RON3.9M
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO), controlled by businessman Constantin Boromiz, ended 2013 with a turnover of RON91.67 million (EUR20.7 million), down 19.6% o...
Orsova Shipyard 2013 Loss Down Three-Fold To RON2.6M
Romanian shipyard Santierul Naval Orsova (SNO.RO) Friday said it registered loss of 2.6 million lei (EUR602,000) in 2013, three times lower than RON7.8 million in 2012.
Borza: Providing Electricity To Households Will Cause EUR30M Loss To Hidrolectrica
The decision of Romania’s energy watchdog ANRE to provide only hydropower and nuclear power to households, starting 2014, will cause loss of EUR30 million to hydropower generator Hidroelectr...
Eurobank 9-Month Loss In Romania Down 33.6% To EUR18.2M
Greek bank group Eurobank, owner of Bancpost, registered loss of EUR18.2 million in Romania in the first nine months of 2013, down 33.6% on the year, the financial institution said Friday.
VIG Posts Loss Of EUR36M In Romania In January-September, Premiums Down 19%
Vienna Insurance Group underwrote premiums of EUR274.6 million in Romania in January-September, down 19.3%, while the group’s loss widened nearly four times to EUR36.1 million, driven by car...
CFR Marfa Expects To Reduce Loss By 63% In 2014, Sees Revenues Up 8%
Romanian freight railway carrier CFR Marfa expects revenues of RON1.11 billion in 2014, up 8.6% from the RON1.02 billion it expects this year, and a loss of RON82 million, 2.7 times lower th...