SEVERNAV
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Capital Market
Severnav Swings To RON1.9M Profit In First Half
Romanian ship builder Severnav (SEVE.RO) Monday said it has swung to a net profit of 1.93 million lei (EUR0.45 million) in the first half, from losses a year-earlier, on lower costs.
Banks-Insurance
Severnav Eyes EUR2.35M Loan From CEC Bank
Ship builder Severnav (SEVE.RO) plans to borrow EUR2.35 million from CEC Bank to finance activity, the company said in a statement.