Orange Romania's Orange Money reduces capital to cover accounting losses

Thursday 1 April 2021 | 13:17 CET | News
Orange Romania's Orange Money platform reduced its capital by RON 74.5 million to RON 139.9 million to cover the accounting loss accumulated up to the end of 2019, according to local publication Profit.ro. Before the cut, the company's share capital stood at RON 214.5 million, after an infusion from Orange Romania made in the autumn of 2020.

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Categories: Mobile & Wireless
Companies: Orange Romania
Countries: Romania
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