35 State Companies Generate EUR10B In Turnover, But No Profit

09.06.2011 By Roxana Petrescu , Andreea Neferu

The 35 largest state-owned companies last year generated overall turnover of nearly EUR10 billion, but made no profit, with their total losses amounting to almost EUR500 million. Ziarul Financiar launches a campaign to bring to light the main problems these structures are coping with and the ways the “black holes” could be turned into profit centers.

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Keywords:
COMPANIES
, STATE
, RESULTS