Electroputere estimates losses worth €5.5 mln in 2008

Electroputere Craiova, producer of high currents technical equipment for energetic industry and railway transport, estimates for 2008 losses amounting to RON 20 million (€5.5 mln), according to a release send by the company to the Bucharest Stock Exchange (BVB). The company's turnover is estimated to reach RON 277.64 mln (€76.3 mln), while income is likely to total (€81.97 mln). Electroputere also announced total investments exceeding RON 29 mln (€8 mln) in 2008.