EnglishTargu-Mures-based chemical plant Azomures is planning to use last year"s profit to cover losses from previous years and to finance current operations, according to an announcement to the Bucharest Stock Exchange (BSE). Therefore, some 5 million RON will be used to cover losses from previous years, whereas 50.16 million RON will be directing towards current operations. Shareholders will convene on 14. April to discuss this matter, as well as last year"s financial reports, this year"s budget and the investment plan for 2008 - 2015.
Azomures Uses 2007 Profit For Operating Capital and Loss Compensation
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Ziarul BURSA #English Section / 26 martie 2008
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