Comelf wants to borrow the funds by April 2013 at the latest.
The Bistrita-based company reported a net profit of 923,006 lei (EUR212,000) in 2011, up 77% from around RON521,000 a year earlier. Sales rose 29% on the year to RON142 million.
Comelf will pay its shareholders total dividends of RON441,846 from the 2011 profit.
Comelf has a share capital of RON13.5 million split into 23.4 million shares with a face value of RON0.58.
The company’s main shareholder is Uzinsider Bucuresti, with a 76.79% stake.
On the Bucharest bourse March 30, Comelf closed up 2.22% at RON1.84 a share.