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LOSS

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Capital Market

Condmag Switches To RON11.4M Loss In Jan-Sept

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) said Wednesday it switched to a loss of 11.39 million lei (EUR2.5 million) in the first nine months of 2012, versus profit of RON1.59...

Ioana Tudor · 14.11.2012 · 19:42 · 1 min
Capital Market

Romcarbon Loss Widens To RON3.3M In January-September

Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) said Tuesday its loss widened to 3.32 million lei (EUR0.73 million) in the first nine months of the year.

Ioana Tudor · 13.11.2012 · 20:09 · 1 min
Banking System Still On Loss In 3Q
Banks-Insurance

Banking System Still On Loss In 3Q

The 41 banks in Romania posted an overall loss in the first nine months of this year, although the results represent an improvement on the EUR192 million-loss recorded in the first half of t...

Manuela Panescu · 12.11.2012 · 00:00 · 2 min
Tarom Aims To Cut Loss By 30%, Boost Turnover In 2013 - Chairman
Automotive

Tarom Aims To Cut Loss By 30%, Boost Turnover In 2013 - Chairman

Dan Pascariu, chairman of the Board at Romanian state-owned airline Tarom, said Wednesday the company’s target is to cut losses by 30% in the coming year and increase turnover.

Tudor Ioana Raluca · 07.11.2012 · 00:00 · 4 min
Retail&Consumer

Angst Expects Losses This Year, But Higher Turnover

Sorin Minea, president of cold cuts producer Angst, said the company will end the year with losses, but with higher turnover.

Tudor Ioana Raluca · 02.11.2012 · 00:00 · 2 min
KazMunayGas: Petromidia Is Financially Unhealthy, But We Can Afford To Sustain Its Losses
Energy

KazMunayGas: Petromidia Is Financially Unhealthy, But We Can Afford To Sustain Its Losses

The losses recorded by refinery Petromidia, the most important asset of oil group Rompetrol, since Kazakh company KazMunayGas took over the majority stake in the company, exceeded EUR760 mil...

Manuela Panescu · 09.10.2012 · 00:00 · 4 min
BCR: Romania May Lose EUR800M Due To Poor Crop In 2012
Banks-Insurance

BCR: Romania May Lose EUR800M Due To Poor Crop In 2012

Romania may lose EUR800 million due to the poor crop registered in 2012, while half of this loss could have been prevented should farmers have proper irrigation systems to fight bad weather,...

Manuela Panescu · 12.09.2012 · 14:30 · 1 min
Ranking Of Biggest Loss-Makers: 44 Companies With 160,000 Employees Lost EUR2.5B
Companies

Ranking Of Biggest Loss-Makers: 44 Companies With 160,000 Employees Lost EUR2.5B

More than a quarter of the 300 largest companies in Romania by turnover recorded losses last year, with 44 of them posting losses of over EUR10 million, reveals a ZF analysis.

Tudor Ioana Raluca · 10.08.2012 · 00:00 · 2 min
Retail&Consumer

Electroputere's 1H Loss Widens To RON29.8M

Romanian electric engine maker Electroputere Craiova (EPT.RO) registered losses of 29.87 million lei (EUR6.8 million) in the first half of the year, up 8.6% compared with the same interval a...

Ioana Tudor · 07.08.2012 · 20:40 · 1 min