05.15.2013

Romanian aluminum processor Alumil Rom Industry (ALU.RO) said Wednesday it registered loss of 1.1 million lei (EUR0.25 million) in the first quarter of 2013, from profit of RON0.177 million in the more

05.15.2013

Romanian plastic items maker Prodplast Bucuresti (PPL.RO), owned by businessman Florin Pogonaru, posted a loss of RON828,000 in the first quarter and sales of 2.4 million, nearly six times lower, more

05.14.2013

Romanian cable maker Iproeb Bistrita (IPRU.RO) posted a turnover of 14.4 million lei (EUR3.3 million) in the first quarter of the year, down 33%, and losses of RON180,000 (EUR41,000). more

05.14.2013

Romanian port operator Socep Constanta (SOCP.RO) reported first quarter revenues down 10% on the year, to 11.9 million (EUR2.7 million), and losses of RON137.000 (RON31,000). more

05.14.2013

Romanian insolvent engine manufacturer UCM Resita (UCM.RO) said Tuesday it reduced loss by 15% on the year to 10.4 million lei (EUR2.4 million) in the first quarter of 2013, from RON12.2 million in more

05.14.2013

Romanian drilling company Dafora Medias (DAFR.RO), controlled by businessman Gheorghe Calbureanu, said Tuesday it registered loss of 3.49 million lei (EUR0.8 million) in the first quarter of 2013 more

05.13.2013

Romanian glass container producer Stirom Bucharest (STIB.RO) posted a turnover of 37.3 million lei (EUR8.5 million) in the first quarter, down 3% from the first quarter of 2012, and losses of RON1.4 more

05.07.2013

Administrators of Romanian mandatory private pension funds (Pillar II) registered loss of 15.2 million lei (EUR3.5 million) in 2012, down 45.1% on the year. more

05.03.2013

Petrotel-Lukoil, the third largest operational refinery in Romania, controlled by Russia’s Lukoil, posted turnover of 6.9 billion lei (EUR1.6 million) in 2012, up around 5% in Romanian lei, while more

04.23.2013

Romania’s Pool of Insurance against Natural Disasters (PAID), which issued mandatory home insurance policies, underwrote premiums of nearly RON6.5 million in 2012, down 82% on the year, and posted a more

04.22.2013

Romanian state-owned airliner Tarom reported a loss of 49 million lei (EUR1.1 million) in the first quarter of the year, 24% narrower than in the first quarter of 2012 and lower than the RON78 million more

04.18.2013

UK fashion retailer Debenhams lost GBP3.8 million (EUR4.4 million) following the closure of six Romanian franchise stores. more

03.28.2013

Greek group EFG Eurobank, the owner of lender Bancpost and other local financial companies, registered losses of EUR35.2 million in Romania last year, from a negative result of EUR25.1 million in more

03.27.2013

Romanian state-owned passenger railway carrier CFR Calatori estimates a loss of 427.2 million lei (EUR96.8 million) this year, much wider than the loss expected for 2012, of RON296 million. more

03.21.2013

The management of Romanian state-owned airline Tarom forecast a loss of 143 million lei (EUR32.3 million) in 2013, narrower than the previous estimate of RON186 million included in the company’s more

03.20.2013

Romanian insurer UNIQA Asigurari on Wednesday said its loss narrowed 74% to 19.2 million lei (EUR4.3 million) in 2012, but revenue from underwritten premiums rose 32% to RON504.9 million, which more

03.15.2013

Romanian state-owned airline Tarom expects losses of 186 million lei (EUR42.3 million) this year, according to the company’s draft revenue and expenses budget for 2013. more

02.28.2013

Industrial packaging manufacturer MJ Maillis Romania (MJM.RO) Thursday reported losses of 4.9 million lei (EUR1.1 million) for last year, slightly up from RON4.87 million in 2011. more

02.28.2013

Romanian plastic systems maker Teraplast Bistrita (TRP.RO) Thursday reported losses of 15.14 million lei (EUR3.54 million) for 2012, down 6.59% on the year. more

02.11.2013

In the past three years banks in Romania have piled up losses of 3.4 billion lei (EUR773 million) as one fifth of loans were not performing. more

01.09.2013

One explanation for the difference between preliminary GDP data and the “almost final” GDP data could be that companies’ losses increased after they could not factor in their higher raw material more

11.25.2012

Most construction companies on the stock exchange posted turnover declines, low profits or losses, which shows that 2012 will most likely be another “failed” year for companies in this sector. more

11.14.2012

Romanian oil and gas pipe maker Condmag Brasov (COMI.RO) said Wednesday it switched to a loss of 11.39 million lei (EUR2.5 million) in the first nine months of 2012, versus profit of RON1.59 million more

11.13.2012

Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) said Tuesday its loss widened to 3.32 million lei (EUR0.73 million) in the first nine months of the year. more

11.12.2012

The 41 banks in Romania posted an overall loss in the first nine months of this year, although the results represent an improvement on the EUR192 million-loss recorded in the first half of the year. more