Sales rose 51.7% to RON267.07 million, from RON176.02 million in January-September 2010.

Revenue rose 53.8% on the year to RON279.7 million, while expenditure widened by 47.2% to RON271.2 million, according to the company’s financial report.

Titan has a share capital of RON40.84 million, divided into 408.48 million shares with a face value of RON0.1. The company is 97.58% owned by Austrian LLI Euromills Vienna.

Titan shares were last traded on the Bucharest Stock Exchange Tuesday, at RON0.235 per unit, down 2.08% on the day. (EUR1=RON4.3537)

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