The company posted a turnover of EUR 47 million in 2015, up by 6% compared to the previous year. The net profit amounted to EUR 4 million, down by 4% over 2014. The profit dropped as the company increased its spending with raw materials as well as its personnel costs.

 

The company announced its preliminary financial results on Friday. The announcement determined a 6.7% increase in the company’s share price on the Bucharest Stock Exchange. Its market capitalization climbed to EUR 24.3 million. (source: Romania-insider.com)