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Tarom net loss to widen to 315 mln lei (65 mln euro) in 2020

Romanian flag carrier Tarom expects its net loss to widen to 315 million lei ($73 million/65 million euro) in 2020 from 171.4 million lei a year earlier, according to data from the transport ministry. The fully state-owned company will end 2020 with 1,233 employees, down from 1,607 at the moment, the ministry said in a report published in the Official Gazette on Wednesday. Tarom is expected to post revenues of ...

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