Under “net profit”, the company reported about RON640,000, down from RON1.5 million the previous year, a 58% decline. Overall, expenses came to RON7.85 million, up 16.6% on 2021. The average number of employees increased from 29 to 32.

The group’s results came amid a lower number of listings on the local capital market compared with the historical level in 2021. However, as a result of the volatility in 2022, Bucharest Stock Exchange investors completed a record 1.67 million transactions across all segments in 2022, 9% more than in 2021.

(English version by Loredana Fratila-Cristescu)