Loss
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Banking market posts 54 million-euro loss in five months
The banking system slipped into the red again in May, posting an about 54 million-euro (228 million RON) decline, according to the Romanian accounting standards, under the pressure of the cost on provisions required by non-performing loans.
Seroussi prefers losses to loss of foreign customers
Businessman Joseph Seroussi, one of the most important producers in the textile industry, will focus more on the domestic market on short term in order to offset the negative effects of the...
Electrica's H1 loss, 8.3 million euros
Electrica, the second-leading company on the Romanian market in terms of turnover, posted 8.3 million-euro loss in the first half, against the about 2 million-euro (73.9bn ROL) profit antici...
Rolast profit turns into loss
Faced with the loss of foreign markets and the slight appreciation of the domestic currency against the dollar, synthetic rubber parts maker Rolast Pitesti in 2002 posted losses for the seco...
Primul loss adjuster pe piata romaneasca
Una dintre cele mai mari firme din lume de evaluare a daunelor si servicii de management al pierderilor, Cunningham Lindsey, si-a deschis din aceasta saptamana un birou la Bucuresti. "Am ven...
Reasons for $435m loss
The sharp decline of the Bucharest Stock Exchange and of RASDAQ over the last few weeks is due to the recent changes made by the Government in the securities law, says the Association of Sha...
Insurance companies at a loss about deductible expenses
Insurance companies at a loss about deductible expenses
Insurance companies at a loss about deductible expenses
The insurance premiums paid by the companies have recently been declared as tax deductible by the Finance Ministry in a note to the insurance companies. Finance Ministry's approval only come...
Loss triggered by savings, or wealth erosion
Population's savings can be invested on the monetary or financial market. Lost in transition, people are fighting the risks involved by these investments and just as they believe they have m...