Sales rose slightly on the year in the first semester, to RON29.85 million (EUR6.79 million), from RON29.28 million a year ago, according to financial results posted on the Bucharest Stock Exchange.

Revenue increased by 1.82% to RON32 million, while expenditure widened by 3.59% to RON30.83 million in the first half of 2012.

The company is 55.9% owned by Greek group Alumil, while board president Michail Sotiriou holds a 23.95% stake.

Alumil shares closed down 0.15% Monday, to RON0.15.(EUR1=RON4.5396)