losses

The interim Director of Tarom, Ileana Daniela Dragne, has resigned from the air company’s helm Wednesday evening, claiming medical reasons, digi24.ro informs. Dragne is the fourth Tarom Director General to resign this year, after Florin…

The latest rectification of Tarom’s revenue and expenditure budget shows losses of RON 206.8 million, compared to RON 41.2 million, as the company has estimated the total losses in September. Therefore, the national air carrier is going…

Israel Electric Corporation, the largest energy company in Israel, is interested in the retechnologisation of some groups of CET Mintia, belonging to the Hunedoara Energy Complex, Energy Minister, Toma Petcu announced in a press conference…

The two new Boeing 737s - The Great Union and Sarmizegetusa - acquired by Romania’s flag carrier TAROM this year and put into operation in June have already generated a profit of nearly USD 1.1 million, the Minister of Transport, Razvan Cuc…

The National Agency for Fiscal Administration (ANAF) has begun checks on two non-profitable banks operating in Romania, Prime Minister Mihai Tudose has said. “ANAF has begun the checks on two of the banks to see how and what is…

Eugen Davidoiu, General Manager of Tarom, has resigned Monday morning, tvr.ro informs. This very morning the government control body has started checks at Tarom and at the National Investment Company. According to sources, PM Mihai Tudose…

Romania’s flagship carrier TAROM estimates losses of RON 41.2 million this year, down 12.3 percent year-on-year, to total revenues of RON 1.32 billion, according to the draft budget debated by the Ministry of Transport, the majority…

CEZ Group, the biggest Czech electricity producer, recorded last year losses of RON 229 million on Romanian market, after a negative result of RON 410 million in 2015, although it has increased its operational gains, the company’s officials…

IPTANA - Auto, Naval and Air Transport Design Institute - one of the largest Romanian road design companies, with a 64-year experience in the field, asked for insolvency. The company has designed most of the roads, ports and airports built…

Last year, RCS&RDS registered losses of over RON 59.2 million, up by 158% against 2015, according to the figures posted on the website of the Ministry of Public Finance (MFP). The net turnover exceeded RON 3.2 billion, up by 22.1% as…