LOSS
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Turbomecanica Bucuresti Posts RON14.3M Loss At 9-Mo
Plane repair firm Turbomecanica Bucuresti (TBM.RO) on Friday reported a 14.3 million lei (EUR3.4 million) loss for the first nine months of the year, compared to a loss of RON6.3 million in...
Garanti Head: Turning From Branch To Local Bank Accountable For 2010 Losses
Less than a year after starting operations as a Romanian bank, Garanti Bank recorded profit, in line with the bank’s medium and long term international strategy, says Murat Atay, the bank’s...
CSA: Romanian Insurance Industry Loss Down 60% In 2010, To RON41.4M
The Romanian insurance industry lowered its net loss last year by nearly 60%, to 41.37 million lei (about EUR10 million), according to the annual report of the country’s insurance watchdog C...
Private Pension Watchdog Posts RON5.81M Loss For 2010
Romania’s private pension regulator CSSPP posted a net loss of 5.81 million lei (EUR1.38 million) for 2010, 19.1% wider than losses posted in 2009, according to the institution’s annual repo...
Posta Romana Acumulated EUR72M Losses With Political Management
State-held postal company Posta Romana ended last year with a loss of EUR29 million on a turnover of EUR327 million, after posting EUR43 million-loss in the preceding year, according to comp...
CSA: Romania's Insurance Sector 2010 Net Loss At RON41M, 59.9% Lower On Year
Romania’s insurance industry registered a cumulated net loss of 41.37 million lei (EUR10 million) in 2010, lower by 59.9% compared to the level posted in 2009, Tuesday said Angela Toncescu,...