In 2010, AdePlast reported sales of RON127 million and a net profit of RON13 million, more than double on the year.
The company didn’t disclose the profit made in 2011.
In December, AdePlast estimated its net profit would fall to around RON6.5 million in 2011, due to investment write-offs and price discounts.
AdePlast runs two construction material plants in Romania, in the cities of Ploiesti and Oradea, respectively.
The company is owned by Marcel Barbut. (EUR1=RON4.3467)