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Arctic reports losses standing at 28 billion lei
Arctic reports losses standing at 28 billion lei
Arctic reports losses standing at 28 billion lei
Stock of refrigerator producer Arctic continued to fall on Bucharest Stock Exchange, particularly after the company reported first quarter losses standing at 28 billion lei. The last Arctic...
Oltchim to increase share capital by 20 billion lei
Oltchim shareholders on August 11 are to approve the company's share capital increase by almost 20 billion lei as the Court of Accounts has verified a previous reassessment of the company's...
Smokers seek damages up to $196 billion
Smokers in a landmark case asked for up to $196 billion in punitive damages from the tobacco industry Monday to punish it for ruining the lives of millions of sick and addicted customers. "T...
Sidex Galati posted 44 billion lei profit on the first five months
Gross profit registered by Sidex Galati steel mill on the first five months of this year came to 44 billion lei, of which 15 billion lei were posted in May.The company registered turnover wo...
Draught causes damages worth over 4,000 billion lei
The Agriculture and Food Ministry (MAA) requested the Government to grant it an additional 1,740 billion lei, to cover irrigation expenditures, as the draught has affected over 40 percent of...
Banca Transilvania posts first quarter profit worth 42 billion lei
Profitability of Banca Transilvania was characterised during the first quarter of this year by a relatively constant level as compared to the same period of last year, the net result registe...
Imsat Bucuresti posts losses of 7.9 billion lei
Electronic enterprise Imsat Bucuresti registered net losses standing at eight billion lei on the first quarter of this year, over four times higher as compared to the similar period of last...
United Kingdom mobile bids pass 16 billion dollars
(story to be published in tomorrow's issue, April 4) Bidding in the UK's auction of next generation mobile phone licences soared through the $16bn (L10bn) barrier on Friday as 13 companies f...