losses
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Tour operators see big losses
Travel agencies in Romania expect to see millions of euros in losses this year, due to the military conflict in the Middle East, which has caused a serious decline in the number of business...
Intercontinental cuts losses
Intercontinental Hotel Company (CHI), the owner of the Bucharest-based Intercontinental and Lido Hotels last year posted $153.3 billion ROL ($4.6 million) losses, while revenues reached 279...
Mutual funds post more losses
The Stock Exchange growth last year and the decline in the monetary market yields have pushed more and more mutual funds to invest in listed securities. Only six of the 21 open-end funds par...
Dacia posts 86 million euro losses
More than three years since takeover by the French group Renault, Romanian carmaker Dacia is still logging losses, although turnover is going up.Dacia Pitesti last year posted 86 million eur...
Aro logs $7.3 million losses
Carmaker Aro Campulung at the end of last year posted losses of more than $7.3 million (243.1bn ROL), up 92% from the $3.8 million (131.7bn ROL) logged in 2001, according to the company's pr...
COS Targoviste cuts losses
Combinatul de Oteluri Speciale (Special Steel Plant) Targoviste managed to cut its losses by nearly two thirds in 2002 compared with the previous year, from $31 million (909bn ROL) in 2001 t...
RomTelecom losses go up, pave the way for layoffs
Romanian fixed telephony operator RomTelecom last year posted net losses worth 64.6 million euros, up 38.9 percent since 2001, the company's main shareholder, Greek group OTE said yesterday....
Tarom: never-ending story of losses and resignations
The unexpected resignation of Tarom's manager Alexandru Szlivka throws the national air carrier - in the red for many years, into an unstable situation. "Personal reasons" have prompted thre...
Dacia cuts losses
Romanian carmaker Dacia has managed to cut losses last year, meeting the target set at the beginning of 2002. On the other hand, sales exceeded 57,700 cars, with 52,700 units sold on the loc...