Ploiesti-based refinery Astra Romana posted gross loss of 244bn ROL ($7.4m) last year, whereas profit maintained the past three years’ downward trend. Astra reported net profit of just 3bn ROL a year ago, which was the first year when the company did not distribute dividends. The refinery’s turnover amounted to 3,742bn ROL ($112m) last year, up from 3,122bn ROL ($100m) in 2002. However, the refinery had ceased production in 2002, following a Government Ordinance on excises. ZF
ZF English
Astra refinery in the red
Ploiesti-based refinery Astra Romana posted gross loss of 244bn ROL ($7.4m) last year, whereas profit maintained the past three years' downward trend. Astra reported net profit of just 3bn ROL a year ago, which was the first year when the company did not distribute dividends