In 2016, the national airline operator TAROM recorded a turnover of 1.07 billion RON, a 5.6% decrease compared to the 2015 result of 1.13 billion RON. The net loss was 47 million RON, an increase from the 27.4 million RON recorded in 2015.
The revenue and expenditure budget approved last year projected a loss of only 6.8 million RON.
In the revenue and expenditure budget for 2016, approved in June of last year, total revenues of 1.52 billion RON were projected, but public data shows that TAROM achieved revenues of 1.24 billion RON, while expenses were 1.28 billion RON.
At the end of last year, the company TAROM had 1,841 employees, 39 fewer than in 2015.
Source: Economica
Frequently Asked Questions
What was TAROM’s turnover in 2016?
TAROM recorded a turnover of 1.07 billion RON in 2016, representing a 5.6% decrease compared to the previous year.
How much did TAROM lose in 2016?
The airline reported a net loss of 47 million RON, significantly higher than the 27.4 million RON loss in 2015 and the budgeted 6.8 million RON.
How many employees did TAROM have at the end of 2016?
By the end of 2016, TAROM had 1,841 employees, a reduction of 39 compared to the end of 2015.