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LOSS

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CFR Calatori Sees 2013 Loss Widening To RON427M
Automotive

CFR Calatori Sees 2013 Loss Widening To RON427M

Romanian state-owned passenger railway carrier CFR Calatori estimates a loss of 427.2 million lei (EUR96.8 million) this year, much wider than the loss expected for 2012, of RON296 million.

Ioana Tudor · 27.03.2013 · 12:54 · 1 min
Tarom's Managers Forecast Narrower Loss In 2013
Automotive

Tarom's Managers Forecast Narrower Loss In 2013

The management of Romanian state-owned airline Tarom forecast a loss of 143 million lei (EUR32.3 million) in 2013, narrower than the previous estimate of RON186 million included in the compa...

Manuela Panescu · 21.03.2013 · 16:15 · 1 min
UNIQA Asigurari's 2012 Loss Narrowed 74% To RON19.2M
Banks-Insurance

UNIQA Asigurari's 2012 Loss Narrowed 74% To RON19.2M

Romanian insurer UNIQA Asigurari on Wednesday said its loss narrowed 74% to 19.2 million lei (EUR4.3 million) in 2012, but revenue from underwritten premiums rose 32% to RON504.9 million, wh...

Ecaterina Craciun · 20.03.2013 · 12:35 · 1 min
Tarom Expects Loss Of RON186M In 2013
Automotive

Tarom Expects Loss Of RON186M In 2013

Romanian state-owned airline Tarom expects losses of 186 million lei (EUR42.3 million) this year, according to the company’s draft revenue and expenses budget for 2013.

Ioana Tudor · 15.03.2013 · 14:04 · 1 min
Retail&Consumer

MJ Maillis Romania 2012 Loss Flat At RON4.9M

Industrial packaging manufacturer MJ Maillis Romania (MJM.RO) Thursday reported losses of 4.9 million lei (EUR1.1 million) for last year, slightly up from RON4.87 million in 2011.

Ioana Tudor · 28.02.2013 · 19:53 · 1 min
Teraplast Loss Narrows To RON15M In 2012
Real Estate

Teraplast Loss Narrows To RON15M In 2012

Romanian plastic systems maker Teraplast Bistrita (TRP.RO) Thursday reported losses of 15.14 million lei (EUR3.54 million) for 2012, down 6.59% on the year.

Ioana Tudor · 28.02.2013 · 19:13 · 1 min
Bad Loans Bring Romanian Banking System Loss To RON2.1B
Banks-Insurance

Bad Loans Bring Romanian Banking System Loss To RON2.1B

In the past three years banks in Romania have piled up losses of 3.4 billion lei (EUR773 million) as one fifth of loans were not performing.

Neagu Bogdan Mircea · 11.02.2013 · 22:00 · 1 min
Companies’ Losses Upset GDP Calculations Of Statistics Institute
Macroeconomics

Companies’ Losses Upset GDP Calculations Of Statistics Institute

One explanation for the difference between preliminary GDP data and the “almost final” GDP data could be that companies’ losses increased after they could not factor in their higher raw mate...

Oana Gavrila · 09.01.2013 · 08:27 · 3 min
Listed Construction Companies Make Overall Losses Of RON44M In First Nine Months
Companies

Listed Construction Companies Make Overall Losses Of RON44M In First Nine Months

Most construction companies on the stock exchange posted turnover declines, low profits or losses, which shows that 2012 will most likely be another “failed” year for companies in this secto...

Tudor Ioana Raluca · 25.11.2012 · 17:26 · 3 min