MECHEL TARGOVISTE
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Mechel Targoviste 2012 Revenue Down 12.3% To RON941.3M
Romanian steel maker Mechel Targoviste (COS.RO) on Monday said its revenue declined 12.3% to 941.3 million lei (EUR211.5 million) in 2012 from RON1.07 billion in 2011.
Steel Maker Mechel Targoviste Files For Insolvency
Romanian steel maker Mechel Targoviste (COS.RO) has filed for insolvency with a view to restart activity once its restructuring process is complete, the company said in a statement Wednesday...
Mechel Targoviste 1H Revenue Down 20% On Year, To RON492M
Romanian steel maker Mechel Targoviste (COS.RO) Friday said it posted 20% lower revenue to 492 million lei (EUR111.1 million) in the first half, from RON613.5 million a year ago.
Mechel Targoviste Sees Narrower Loss This Year, At RON116M
Romanian steel processor Mechel Targoviste (COS.RO) expects a net loss of 116 million lei (EUR26.5 million) this year, 13% lower than RON133 million in 2011.
Mechel Targoviste To Resume Activity On Feb 27
Russian group Mechel on Monday announced that activity at steel processor Mechel Targoviste (COS.RO) might be resumed on February 27, since the weather conditions are improving.
Mechel Targoviste, Sister Cos. Take Out Loans To Finance Capital
Romanian steel maker Mechel Targoviste (COS.RO) Friday approved taking out two loans together with three sister companies within Mechel group to refinance older credits and finance working c...
Mechel Targoviste 1H Loss Widens To RON63.7M
Romanian steel maker Mechel Targoviste (COS.RO) Friday said its loss widened 32% to 63.7 million lei (EUR14.8 million) in the first half, despite a 46% increase in sales.
Mechel Targoviste To Take Bank Loans Worth A Total EUR100M
Steel maker Mechel Targoviste (COS.RO) on Monday said it will contract two loans, worth EUR50 million each, from ING Bank and UniCredit Tiriac Bank, in association with three firms from the...
Mechel Targoviste 1Q Loss Narrows To RON12.6M
Romanian steel producer Mechel Targoviste (COS.RO) Friday reported a first-quarter loss of 12.6 million lei (EUR3 million), lower than RON28.7 million in the year-earlier period.