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Centrofarm slips into the red, despite 72% growth in business
The revenues of Centrofarm Bucharest drugstore network increased 2.3 times in the first six months to 76.58 million RON (21.2 million euros), mainly as a result of the sale by the majority shareholder Generalcom Bucharest of 22.3 million euros' worth of assets...
Abo Mix in Satu Mare slips into the red
Abo Mix, based in Satu Mare, ended the first quarter of the year with losses worth 1.1 million RON (306,000 euros) compared with the 940,000-RON profit seen in the same period of last year,...
Prefab Bucuresti slips into the red
Prefab Bucuresti, a manufacturer of construction materials, has posted revenues worth 20.4 million RON (5.6 million euros), down 15%, and slipped into the red with 2.63 million-RON (730,000-...
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...
Romtelecom slips into the red
Romtelecom, the biggest fixed telephony operator on the domestic market, posted losses worth 21.1 million euros last year, alongside revenues that fell 2.6% to 871.9 million euros - followin...
Kronospan slips into the red despite rising production
The two plants Austria's Kronospan group owns in Sebes last year posted cumulated turnover worth 140.3 million euros and gross losses standing at approximately half a million euros, accordin...
Electrica Oltenia slips into the red under CEZ
Electrica Oltenia, the biggest electricity distributor, in terms of numbers of clients in Romania, went into the red last year, when it was taken over by the Czech-owned CEZ company. The ele...
Aker Braila slips into the red
Aker Braila slips into the red
Major failure for Romania as 120m-euro investment slips through its fingers
Romania has lost to Bulgaria the nearly 120 million-euro investments French Montupet, a maker of aluminium components for the automotive industry was planning for the construction of a facto...