Termoelectrica reports losses of 30 million euro for Q1

Termoelectrica registered over the first six months of the year losses of over 106.3 million lei (30 million euro) stated the general manager of Termoelectrica Ioan Ungureanu. The losses add to the ones already made of over 400 million euros. “ For Q1 2008, Termoelectrica registered a loss of 106.3 million lei due to penalties for debts. They are,besides the historical debts of almost 400 million euros, debts which generate penalties and gets any profit. I think these penalties can be even ...

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