LOSS
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Posta Romana Amassed Loss Of RON532M In 2009-2012
Romanian state-owned postal company Posta Romana amassed losses of 532.9 million lei (EUR123 million) between 2009 and 2012, while it expected profit in each of the four years, according to...
Holcim Romania Switches To Loss First Time Since 2000
Cement producer Holcim Romania, the local division of of Swiss group Holcim, has switched to loss for the first time in over a decade, posting a negative result of 37.7 million lei (EUR8.5 m...
Groupama Turns To EUR23M Loss In 2012
Groupama, the local subsidiary of the French group by the same name, last year reported a net loss of EUR23 million after a profit of EUR1 million in 2011, according to a report published by...
Penny Market Stores Bleeding Red For The First Time In A Decade
Rewe Romania, the company that operates Penny Market and XXL Mega Discount stores, ended 2012 with losses of 6.6 million lei (EUR1.5 million), the first year in a decade when the company's n...
Bucharest Radisson Blu's Owner Considerably Narrows Loss In 1Q
Romanian hotel operator Bucuresti Turism (BUTU.RO), which operates the Radisson hotel in Bucharest, posted a loss of just RON6,000 and its turnover increased nearly 4%, to RON26.3 million (E...
Alumil Sees Loss Of RON1.1M In 1Q
Romanian aluminum processor Alumil Rom Industry (ALU.RO) said Wednesday it registered loss of 1.1 million lei (EUR0.25 million) in the first quarter of 2013, from profit of RON0.177 million...
Prodplast Posts 1Q Loss, Sales Down Six-Fold After Relocation
Romanian plastic items maker Prodplast Bucuresti (PPL.RO), owned by businessman Florin Pogonaru, posted a loss of RON828,000 in the first quarter and sales of 2.4 million, nearly six times l...
Iproeb Posts 1Q Loss, Turnover Down 33%
Romanian cable maker Iproeb Bistrita (IPRU.RO) posted a turnover of 14.4 million lei (EUR3.3 million) in the first quarter of the year, down 33%, and losses of RON180,000 (EUR41,000).
Socep Posts 10% Lower Revenues And RON137.000 Loss In 1Q
Romanian port operator Socep Constanta (SOCP.RO) reported first quarter revenues down 10% on the year, to 11.9 million (EUR2.7 million), and losses of RON137.000 (RON31,000).