In the first six months of 2011, the company reported revenues of RON17.2 million.

Carbochim saw a slight decrease of 10% in its first-half expenditure to RON14.4 million, compared with RON16 million in the same period a year ago, and its first-half turnover also saw a slight decline to RON14.8 million from RON14.9 million a year ago, according to data from the Bucharest Stock Exchange.

Romanian businessman Catalin Chelu holds some 47% indirectly, while other shareholders include Titus Popa (11.16%), Pietro Ionescu (10.79%) and Ion Raducanu (10.68%).

On the Bucharest Stock Exchange on August 6, Carbochim traded up 0.14% at RON14.07 per share. (EUR1=RON4.5186)