loses
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FOA investment fund loses 5.6m euros in H1
Fondul Oamenilor de Afaceri (FOA) investment fund, managed by SAFI Invest, reported 20.7 million RON (5.6 million euros) in losses in the first half of the year, after the fund lost over a third of the value of its assets, according to the company's half-year...
AAA Auto loses 1.2m euros in Romania and the Netherlands
AAA Auto, a company that sells second-hand cars on European markets such as the Czech Republic, Poland, Hungary and Romania, posted 1.25 million-euro losses at its Romanian and Dutch divisio...
Asirom loses 7.4 million euros in six months
Asirom, the third leading player on the insurance market, ended the first half with a 7.4 million-euro loss (more than 27.2 million RON), after having posted 0.6 million euros (about 2 milli...
Nestor, the biggest law firm, loses 3 key people
Francisc Peli, Carmen Peli and Cristina Filip as well as another 10 lawyers will all depart Nestor and join a new firm - Peli Filip. Nestor Nestor Diculescu Kingston Peterson (NNDKP), the bi...
A&D Pharma loses 300m euros in value
A&D Pharma, the largest Romanian pharmaceutical company, has lost 58% of its capitalisation since the beginning of the year, due the decline experienced by the capital markets, after it repo...
Energy Holding loses contract with Oltchim
Energy Holding, the largest private energy trader on the market, has recently lost the energy supply contract with chemical plant Oltchim, estimated at 65 million euros, after it was replace...
BSE loses 1bn euros in one day, hit by corrections on foreign markets
The Stock Exchange witnessed its first severe correction yesterday, after a series of all time highs over the past month, losing a little more than 1 billion euros of its capitalisation. Thi...
Relad loses two top managers
Relad, the second largest pharmaceuticals distributor on the market, with an estimated business of over 250 million euros, has lost its executive management, after Robert Popescu, president...
Ursus loses about 5% volume increase due to production limitations
Ursus Breweries, number two on the local beer market, last year improved its profit margins, after having increased its turnover by 30% to around 190 million euros. "We estimate we have lost...