Economy Ministry: CNH Sold Coal Below Costs In 2009-2011

10.03.2012 By Florentina Dragu

Romanian state-run coal mining company Compania Nationala a Huilei (CNH) posted total losses of 543.7 million lei (EUR121 million) in 2009-2011 because it sold coal at prices below the cost of production, the Economy Ministry said in a statement Wednesday.

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