LOSSES
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Elvila Jan-Sept Losses Widen from RON1.5M to RON4.5M
Furniture producer Elvila, controlled by businessman Viorel Catarama, reported RON4.45 million losses for January-September 2022, from a net loss of RON1.54 million last year.
Elefant Group Reports RON95.3M Turnover in 1H/2022, Down 11%, RON12M Losses
Elefant group, which manages Elefant Online platform, in the first half of this year reported turnover worth RON95.3 million, down 11% from the year-earlier period, and RON12 million losses,...
ArcelorMittal Hunedoara Losses Double to RON42.7M in H1
ArcelorMittal Hunedoara (SIDG.RO), the steel mill owned by ArcelorMittal group, recorded a loss of RON42.7 million in the first half, up from the RON19.3 million in the same period of 2021,...
Agroserv Mariuta Reports RON1.4M Losses in 1H/2022 amid Inflation and Rising Energy Prices
Agroserv Mariuta, the Romanian company that owns Laptaria cu Caimac brand, ended the first half of this year with net losses of RON1.4 million, against a net result of RON600,000 in 1H/2021,...
SIF Muntenia Ends 1H/2022 in the Red, with RON69M Losses
Romanian regional investment fund SIF Muntenia (SIF4.RO) saw revenues more than double in the first half of this year against the year-earlier period, to RON68 million, but it ended in the r...
Bermas Suceava Switches to Losses of around RON175,000 in 1H/2022 from RON194,630 Net Profit in 1H/2021
Brewer Bermas Suceava logged net losses of RON174,717 in the first half of 2022, from net profit worth RON194,630 in the same period of last year.
Romradiatoare Brasov Switches to RON1M Losses in 1H/2022
Romanian electrical components manufacturer Romradiatoare Brasov, a company whose shareholding structure includes football coach Mircea Lucescu, in the first six months of this year posted n...
OTP Bank Romania Posts RON14M Losses in H1
OTP Bank, the Romanian subsidiary of Hungary's largest banking group, recorded a loss of RON14 million in the first half of this year, mainly due to an increase in the total cost of risk, no...
Rompetrol Rafinare 1Q/2022 Losses Widen Ninefold from 1Q/2021
Financial securities did not protect Rompetrol Rafinare, the company managing Petromidia, Romania’s biggest refinery, from the Ukraine war impact over oil prices, with the company’s losses s...