losses
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Electroaparataj slips into the red, with 1m-euro losses in Q1
Bucharest-based Electroaparataj stepped into the red in the first quarter of the year, after the company derived losses worth 1 million RON, even though it posted 630,000-RON profit in Q1, 2...
Private pensions firms start off on the wrong foot with 50m-euro losses
Mandatory private pension companies (pillar II), initially touted as the business of the next decade, ended last year with overall losses worth almost 50 million euros (164.8 million RON), a...
Astra-Uniqa posts 21m-euro losses in 2007
Astra-Uniqa, a company held by businessman Dan Adamescu and Austrian group Uniqa, posted the highest losses on the insurance market last year: almost 21 million euros (69.9 million RON). In...
Lower profit for Alpha Leasing, losses for Alpha Finance
Alpha Leasing, the specialist company of the Greek Alpha Bank group posted gross profit worth 1.42 million euros last year, down almost one million euros compared with 2006, while turnover s...
Automobile Dacia: "We cannot give a 51% raise because of losses"
The 550 RON fixed increase (51%) in addition to bonus increases and the profit-sharing condition, as requested by Sindicatul Automobile Dacia (Automobile Dacia Union - SAD), cannot be grante...
Losses prevail on stock market in fourth quarter of 2007
Of the 35 non-financial companies listed on the Bucharest Stock Exchange that released preliminary results for 2007, 14 posted losses in the last quarter, while 10 reported shrinking profits...
Ardaf set to double turnover and get rid of losses
Ardaf, one of the ten biggest insurance companies on the market, plans to end this year with gross underwritten premiums worth 100m euros, double the level reached last year. "Our goal is to...
Cuprom: financial losses 11 months out of 12
Cuprom Romania, one of the leading regional players in the copper industry, posted a 380 million-dollar (277 million-euro) turnover in 2007, up by around 84% against last year, according to...
Worst month in ten years: 7bn-euro losses on BSE in January
The total value of the companies listed on the Bucharest Stock Exchange (BSE), which includes the RASDAQ market, fell by 7 billion euros in January to the level reached at the end of 2006, 2...