The company’s turnover surged 58% to RON11.9 million (EUR2.6 million) in January-March 2015.

“Both the turnover and the operating profit soared compared to the first quarter of 2014, which is due to commercial performance and rendering the production activity efficient,” the company said in a statement.

Cemacon’s main shareholders include investment fund KJK Fund SICAV-SIF, Andrei&Andrei Consultanta and brokerage firm SSIF Broker, which own over 80% of the company’s shares, according to the latest data.

Cemacon’s competitors on the profile market include, among others, Wienerberger, Brikston, Siceram and Soceram.

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