The bankrupt company thus widened its loss by 15% on the year, to RON35.5 million.
Revenue dropped to RON56.1 million, from RON263.8 million, while expenditure narrowed to RON91.6 million, from RON294.6 million.
The company is 70.51% owned by businessman Cristian Burci, through International Railway Systems, while regional investment fund SIF Oltenia (SIF5.RO) holds a 27.93% stake.
Romvag has a share capital of RON12.9 million, divided into 5.1 million shares with a face value of RON2.5. (EUR1=RON4.1127)