LOSS
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Romaero Reduced Loss To RON6.7M In 1H; Turnover Down 14.7%
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) reduced loss to 6.7 million lei in the first half of 2013, from RON23.3 million in the similar interval a year a...
VIG To Write Down EUR75M Goodwill On Romanian Operations
Austria’s Vienna Insurance Group (VIG) said Tuesday it conducted a goodwill impairment test targeting its Romanian operations, which resulted in an impairment of EUR75 million on the general...
Highest Profits And Losses In IT&C Industry In 2012
The biggest companies on the local communications market posted the highest profits of all IT&C companies and Orange took the top spot, according to the financial results available on the Fi...
COS Targoviste 1H Loss Down To RON19.3M
Romanian steel maker COS Targoviste, former Mechel Targoviste, narrowed its loss to 19.3 million lei (EUR4.35 million) in the first half of 2013, from RON59.5 million in the similar interval...
Orsova Shipyard 1H Loss Widens To RON3.35M
Romanian shipyard Santierul Naval Orsova (SNO.RO) reported loss of 3.35 million lei (EUR0.75 million) for the first half of 2013, from loss of RON0.385 million in the similar interval a year...
Oil Terminal Switches To Loss Of RON4.5 In 1H
Romanian oil storage and shipment firm Oil Terminal (OIL.RO) registered loss of 4.5 million lei (about EUR1 million) in the first half of the year, from net profit of RON0.22 million in the...
Franklin Templeton Registered Loss of RON2.1M In Romania In 2012
The local subsidiary of U.S. group Franklin Templeton Investment Management, which administers the EUR3.5 billion assets of Romanian investment fund Fondul Proprietatea, registered turnover...
Tarom Loss Narrows To RON63M In 1H/2013
State-owned airline Tarom reported loss of 63 million lei (EUR14.3 million) in the first half of 2013, down from loss of RON120 million in the same period in 2012, the company said Thursday...
Transgaz Books EUR25M Charge On Nabucco West Project
Romanian natural gas transporter Transgaz Medias (TGN.RO) will write down assets worth 110.7 million lei (EUR25.1 million) in relation to the Nabucco West project, the company said in a stat...