Sales rose 40% on the year, to RON6.6 million in January to March.

Revenue rose 66% to RON10 million, while expenditure increased by 70% to RON8.5 million.

The company is 67.71% owned by investment fund Broadhurst, while Metex Big Galati holds a 10.8% stake.

On the Bucharest bourse Friday, Electroaparataj shares closed flat at RON0.132. (EUR1=RON4.106)