Altur said its sales rose to RON36.8 million, from RON26.2 million in January to March 2010.

The company reported total revenue of RON37.2 million in the first quarter, up 44% on the year, while overall costs rose at a similar pace to RON36.4 million.

The company has a share capital of RON82.4 million split up into 824.3 million shares with a face value of RON0.1.

Romanian businessman Catalin Chelu owns indirectly, through Mecanica Rotes (METY.RO) and Celule Electrice (CLEL.RO), around 43% of Altur’s shares.

On the Bucharest bourse Thursday morning, Altur traded up 3.33% at RON0.049 a share. (EUR1=RON4.0842)