Tarom estimates losses of €18 million in 2023, a significant decrease from previous years.
Alexandra Stefureac
Economy
foto : TAROM
Always see our news on Google
Tarom's interim CEO Costin Iordache said the company's losses have been significantly reduced from an average of €55 million a year to €18 million. The company has accumulated losses of almost €300 million over the past six years. The only way out of the difficult situation was the state aid approved by the European Commission. The restructuring plans include a debt write-off of about €49.53 million and a capital injection of €45.77 million.
Sources
Latest News
18:19
The large stores in Romania are implementing energy-saving measures, such as limiting air conditioning and turning off advertising lights at night.
18:12
The Senate voted to cancel the closure of coal-fired power plants, adopting amendments that allow for their reopening / Ilie Bolojan warns about penalties from the EU
18:07
Finland has obtained the world's first license for the exploitation of an underground repository for used nuclear fuel, announced by the Radiation and Nuclear Safety Authority.
18:07
The APPR Forum asks the Government to suspend the resumption of active anti-hail interventions, citing the lack of independent evaluations and a public impact study.
18:06
Russia has added second-hand ships and domestically built tankers to its fleet for gas transport, anticipating EU bans on Russian LNG from 2027.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
