LOSS
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UCM Resita 1Q Loss Down 15% On Year To RON10.4M
Romanian insolvent engine manufacturer UCM Resita (UCM.RO) said Tuesday it reduced loss by 15% on the year to 10.4 million lei (EUR2.4 million) in the first quarter of 2013, from RON12.2 mil...
Dafora Sees Loss Of RON3.5M In 1Q
Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calbureanu, said Tuesday it registered loss of 3.49 million lei (EUR0.8 million) in the first quarter of...
Stirom Posts 1Q Loss Of RON1.4M, Turnover Down To RON37.3M
Romanian glass container producer Stirom Bucharest (STIB.RO) posted a turnover of 37.3 million lei (EUR8.5 million) in the first quarter, down 3% from the first quarter of 2012, and losses o...
Pillar II Fund Administrators Halved Loss To RON15.2M In 2012
Administrators of Romanian mandatory private pension funds (Pillar II) registered loss of 15.2 million lei (EUR3.5 million) in 2012, down 45.1% on the year.
Petrotel-Lukoil 2012 Loss Down 30% On Year, To RON274M
Petrotel-Lukoil, the third largest operational refinery in Romania, controlled by Russia’s Lukoil, posted turnover of 6.9 billion lei (EUR1.6 million) in 2012, up around 5% in Romanian lei,...
Insurance Pool PAID Switches To Loss After 82% Drop In Underwritings Last Year
Romania’s Pool of Insurance against Natural Disasters (PAID), which issued mandatory home insurance policies, underwrote premiums of nearly RON6.5 million in 2012, down 82% on the year, and...
Tarom 1Q Loss Narrows By 24% To RON49M
Romanian state-owned airliner Tarom reported a loss of 49 million lei (EUR1.1 million) in the first quarter of the year, 24% narrower than in the first quarter of 2012 and lower than the RON...
Debenhams Lost GBP3.8M Following Closure Of Romanian Franchise Stores
UK fashion retailer Debenhams lost GBP3.8 million (EUR4.4 million) following the closure of six Romanian franchise stores.
EFG Eurobank Loss In Romania Widens To EUR35.2M In 2012
Greek group EFG Eurobank, the owner of lender Bancpost and other local financial companies, registered losses of EUR35.2 million in Romania last year, from a negative result of EUR25.1 milli...