Electroputere has posted a loss of more than 30.3 million lei in the first nine months of this year, up 44.9pct compared to the similar period of 2016, according to an unaudited report of the company, posted on the Bucharest Stock Exchange (BVB) website.
Electroputere is a company founded in 1949 and it produces equipment for power industry, being initially structured in four production sectors: rotating electric machines, power transformers, electric devices and locomotives. The company was privatized in October 2007, with Al-Arrab Contracting Company Limited being its majority shareholder.AGERPRES .