losses
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Automobile Dacia sees shrinking losses, has high hopes for profit
Automobile Dacia sees shrinking losses, has high hopes for profit
Another year of massive losses for Tractorul
Agricultural equipment maker Tractorul Brasov (UTB) concluded last year with 910bn ROL losses ($27 million), as its expenses were almost twice higher than its revenues. Losses fell slightly...
Aker Braila halves losses, business shrinks
Aker Braila Shipyard concluded last year with 57.6bn ROL ($1.7 million) losses, the preliminary financial data of the company show. Last year's losses were less than half of the level posted...
Tarom to halve losses
National airline operator Tarom is planning to cut losses down to $10m next year, considering this year's losses will stay below $20m, the company's general manager Rodica Odobescu said at t...
Michelin to leave losses behind
Two years after its Romanian debut, French group Michelin expects to reach 90m euros in turnover this year. Michelin will operate a 27m-euro capital increase for its two Romanian-based plant...
Sidex stake cuts SIF losses
Financial investment company SIF Moldova posted record profit worth 70.3 billion ROL ($2.1 million) last month, after selling its stake in steel mill Sidex Galati. But profit fails to fully...
ONT cuts losses
Tourism company ONT Carpati concluded the first half with 3bn ROL in net losses, five times lower than the losses in the same time last year. In spite of turnover dropping to less than half...
1m euro losses for Unirea Iasi
Edible oil producer Unirea Iasi, held by the Dutch company Cereol Holdings, logged 41.2bn ROL (1.13m euro) losses in the first six months, as compared with 97.1bn ROL net profit on June 30,...
Petromidia losses down 1,500bn ROL
Rompetrol Rafinare Petromidia's losses fell from 1,823.5bn ROL to 329.8bn ROL (about 9 million euros) in the first half, while turnover progressed by more than 22% to 16,107.1bn ROL (440 mil...