It said its turnover amounted to RON116 million, down 22% compared with 2019, due to lower order volumes and postponed deliveries.

The company reported an EBITDA of RON11.9 million, up 3.2% on the year.

It said operating expenses decreased 19% in 2020, to RON114.8 million. The company posted an operating profit of RON4.4 million, up 1.2%.

Comelf is 80.9% owned by Uzinsider Group.