Asirom loses 7.4 million euros in six months - Azi

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Asirom, the third leading player on the insurance market, ended the first half with a 7.4 million-euro loss (more than 27.2 million RON), after having posted 0.6 million euros (about 2 million RON) net profit in the corresponding period of last year.

Asirom"s officials explain in the report filed with the Stock Exchange that the losses were caused by the failure to attain the revenues budgeted, while expenses were higher than scheduled. "The loss is mainly because of the failure to achieve the...

Read the whole story in: Ziarul Financiar