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137 new news items in the last 24 hours
  1. Home
  2. Economy

Tarom estimates losses of €18 million in 2023, a significant decrease from previous years.

Alexandra Stefureac
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21 August 2024, 10:37
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Economy
foto : TAROM
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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.

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Curs de guvernare
Pierderile estimate ale Tarom - 18 mil. euro. Restructurare fiscală și posibile concedieri
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Hemoragia de bani continuă la Tarom, dar situația este mai bună ca în ultimii 5 ani: Pierderi de "doar" 18 milioane de euro în 2

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Radu Miruță: "TAROM must not die." If the company does not demonstrate viability by December, the European Commission will withdraw restructuring aid.
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