The Government has approved, through a memorandum, a rescue aid for TAROM, allocated through a Treasury loan in the amount of 195 million RON, announced the head of the Prime Minister’s Chancellery, Ionel Danca.
TAROM estimates losses of 171.37 million RON for 2019. Losses in 2018 amounted to 182.77 million RON.
Source: Wall-Street
Frequently Asked Questions
What is the amount of the rescue aid for TAROM?
The Romanian Government approved a rescue aid of 195 million RON through a Treasury loan.
Who announced the government’s decision?
The announcement was made by Ionel Danca, the head of the Prime Minister’s Chancellery.
What were TAROM’s financial results in recent years?
TAROM estimated losses of 171.37 million RON for 2019 and reported losses of 182.77 million RON in 2018.