09.03.2013

Romanian state-owned railway passenger carrier CFR Calatori registered loss of 139 million lei (EUR31.6 million) in the first half of 2013, down from RON200 million in the similar interval a year ago. more

09.01.2013

Greek bank group Eurobank, owner of Bancpost, posted losses of EUR13.7 million in the first half of the year, after a net profit of EUR4.3 million in the fist quarter, the financial institution said more

08.22.2013

Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) reduced loss to 6.7 million lei in the first half of 2013, from RON23.3 million in the similar interval a year ago. more

08.20.2013

Austria’s Vienna Insurance Group (VIG) said Tuesday it conducted a goodwill impairment test targeting its Romanian operations, which resulted in an impairment of EUR75 million on the general more

08.16.2013

The biggest companies on the local communications market posted the highest profits of all IT&C companies and Orange took the top spot, according to the financial results available on the Finance more

08.14.2013

Romanian steel maker COS Targoviste, former Mechel Targoviste, narrowed its loss to 19.3 million lei (EUR4.35 million) in the first half of 2013, from RON59.5 million in the similar interval a year more

08.12.2013

Romanian shipyard Santierul Naval Orsova (SNO.RO) reported loss of 3.35 million lei (EUR0.75 million) for the first half of 2013, from loss of RON0.385 million in the similar interval a year ago. more

08.12.2013

Romanian oil storage and shipment firm Oil Terminal (OIL.RO) registered loss of 4.5 million lei (about EUR1 million) in the first half of the year, from net profit of RON0.22 million in the similar more

08.07.2013

The local subsidiary of U.S. group Franklin Templeton Investment Management, which administers the EUR3.5 billion assets of Romanian investment fund Fondul Proprietatea, registered turnover of 36.7 more

08.01.2013

State-owned airline Tarom reported loss of 63 million lei (EUR14.3 million) in the first half of 2013, down from loss of RON120 million in the same period in 2012, the company said Thursday in a more

07.26.2013

Romanian natural gas transporter Transgaz Medias (TGN.RO) will write down assets worth 110.7 million lei (EUR25.1 million) in relation to the Nabucco West project, the company said in a statement more

07.24.2013

The Bucharest Stock Exchange reached all-time highs six years ago, whereas now, most local stocks continue to post losses of over 50% compared to the levels recorded on July 24, 2007. more

07.22.2013

Energy Holding, one of the best-known private energy traders on the Romanian market, says it had losses of 110 million lei (EUR25 million) last year. It explains this through the loss of its contract more

07.17.2013

Former insurance market regulator CSA, whose duties have been taken over this year by the Financial Supervisory Authority, registered loss of 15 million lei (EUR3.4 million) last year, down 21% from more

07.16.2013

U.S. agribusiness companies Alfred Toepfer, Bunge and CHS registered combined loss of EUR20.3 million in Romania last year, according to Finance Ministry data. more

07.09.2013

Swedish giant IKEA, which operates one store in Romania, last year recorded loss of EUR3.6 million and sales of EUR76.2 million on the local market, according to Trade Registry data. more

06.27.2013

Quadrant – Amroq Beverages, the bottler of PepsiCo in Romania, last year turned to losses for the first time in more than a decade. The company posted a loss of 66 million lei (EUR15 million), shows more

06.23.2013

Hungarian group Danubius Hotels registered loss before taxation of HUF23 million (340,000 lei) in Romania in the first quarter of 2013, down one third on the year, as revenues increased 13% supported more

06.18.2013

The Romanian insurance industry posted loss for the eighth year in a row in 2012, registering a net loss of RON321.6 million, down 1.3% from 2011, according to Trade Registry data. more

06.11.2013

Romanian insolvent state-owned hydropower producer Hidroelectrica must release water at its power station Portile de Fier 2, as the Danube River flow exceeds the power station’s technical capacity, more

05.30.2013

Romanian state-owned postal company Posta Romana amassed losses of 532.9 million lei (EUR123 million) between 2009 and 2012, while it expected profit in each of the four years, according to data more

05.23.2013

Cement producer Holcim Romania, the local division of of Swiss group Holcim, has switched to loss for the first time in over a decade, posting a negative result of 37.7 million lei (EUR8.5 million) in more

05.22.2013

Groupama, the local subsidiary of the French group by the same name, last year reported a net loss of EUR23 million after a profit of EUR1 million in 2011, according to a report published by the group more

05.21.2013

Rewe Romania, the company that operates Penny Market and XXL Mega Discount stores, ended 2012 with losses of 6.6 million lei (EUR1.5 million), the first year in a decade when the company's net result more

05.17.2013

Romanian hotel operator Bucuresti Turism (BUTU.RO), which operates the Radisson hotel in Bucharest, posted a loss of just RON6,000 and its turnover increased nearly 4%, to RON26.3 million (EUR6 more