nosedive
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Sanex Cluj turnover takes a nosedive
In 2005, Sanex Cluj, one of the biggest producers of ceramic tiles registered a steep 66.6% decline in turnover, to 75.2 million RON (20.7 million euros). Moreover, amid shrinking sales, the company''s net income dropped last year from 11.1 million RON (2
SIF shares take a nosedive
The shares of financial investment companies (SIFs) dropped as much as 11% in a matter of minutes on the Bucharest Stock Exchange yesterday, after the Chamber of Deputies plenum approved - d...
Petromidia panic causes Bucharest Stock Exchange nosedive to year low
Petromidia shares resumed trading yesterday 13% down after the suspension of trading that followed the detention of Dinu Patriciu, Rompetrol''s main shareholder, by prosecutors and their att...
Turbomecanica Q1 profits nosedive
Turbomecanica Bucharest, Eastern Europe''s only producer of jet and turbo engines, which produces for Rolls Royce and General Electric, has seen its profits fall sharply amid the depreciatio...