LOSS
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Bucharest Stock Exchange – A Mere Shadow Of What It Used To Be Six Years Ago
The Bucharest Stock Exchange reached all-time highs six years ago, whereas now, most local stocks continue to post losses of over 50% compared to the levels recorded on July 24, 2007.
Trader Energy Holding Estimates RON380M Turnover For This Year, Down 40%
Energy Holding, one of the best-known private energy traders on the Romanian market, says it had losses of 110 million lei (EUR25 million) last year. It explains this through the loss of its...
Former CSA Reports Loss Of RON15M For 2012
Former insurance market regulator CSA, whose duties have been taken over this year by the Financial Supervisory Authority, registered loss of 15 million lei (EUR3.4 million) last year, down...
Three U.S. Agribusiness Companies Registered Aggregate Loss Of EUR20M In Romania In 2012
U.S. agribusiness companies Alfred Toepfer, Bunge and CHS registered combined loss of EUR20.3 million in Romania last year, according to Finance Ministry data.
IKEA Romania Registers Loss For Second Straight Year
Swedish giant IKEA, which operates one store in Romania, last year recorded loss of EUR3.6 million and sales of EUR76.2 million on the local market, according to Trade Registry data.
Pepsico Turns To Losses For The First Time In Ten Years
Quadrant – Amroq Beverages, the bottler of PepsiCo in Romania, last year turned to losses for the first time in more than a decade. The company posted a loss of 66 million lei (EUR15 million...
Danubius Hotels Reduced Loss In Romania In 1Q
Hungarian group Danubius Hotels registered loss before taxation of HUF23 million (340,000 lei) in Romania in the first quarter of 2013, down one third on the year, as revenues increased 13%...
Romanian Insurance Industry Posts Loss In 2012 For Eighth Year In A Row
The Romanian insurance industry posted loss for the eighth year in a row in 2012, registering a net loss of RON321.6 million, down 1.3% from 2011, according to Trade Registry data.
Hidroelectrica Registers Loss At Major Danube Power Station Due To High Water Flow
Romanian insolvent state-owned hydropower producer Hidroelectrica must release water at its power station Portile de Fier 2, as the Danube River flow exceeds the power station’s technical ca...