Avicola Brasov posted sales of RON22 million in January-March of 2011.

Revenue in the first three months of 2012 totaled RON31 million (25% higher on the year), while expenses stood at RON31.2 million (up 13%).

The company is 84.59%-owned by Ioan Popa, who also owns peer company Transavia Alba Iulia.

On May 3 in Bucharest, Avicola Brasov’s shares closed up 2.56% at RON2 per share. (EUR1=RON4.4411)

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