The profit rose 8% to RON26.1 million, and the average number of employees was 144, 11 fewer than in 2018, according to Finance Ministry data.
The representatives of the local subsidiary did not provide any comment on the trend of the business in 2020.
Den Braven arrived in Romania in 1997 and opened a plant in Buftea in 2007, following a EUR20 milion investment.
Its main rivals on the construction adhesives market are AdePlast, Duraziv and Fabryo Corporation.
The total market of dry mortars and adhesives stands at EUR280 million in Romania, according to the latest data from the actors in this industry.
(English version by Loredana Fratila-Cristescu)