Sales rose 13% to RON14.9 million, from RON13.2 million in January-June 2010, according to first half results posted on the Bucharest Stock Exchange.

Revenue rose 23% to RON17.2 million, while expenditure widened by 19%, to RON16 million.

Carbochim has a share capital of RON9.7 million, divided into 3.8 million shares with a face value of RON2.5.

The company is 47% indirectly owned by businessman Catalin Chelu. Other shareholders include Titus Popa – 11.16%, Pietro Ionescu – 10.78% and Ion Raducanu – 10.68%.

Carbochim shares were trading at RON5.76 early Tuesday, down 10% on the day. (EUR1=RON4.2784)