In January through September 2011, Electrocarbon reported profit of RON10.75 million.

The company said overall costs rose 26.9% to RON147.65 million in the first nine months. Revenue increased 17.5% on the year to RON152 million.

Electrocarbon reported sales of RON134.09 million in the first nine months, up 13.1% from RON118.48 million.

Local company Vivaio Campina holds a 50.8% stake in Electrocarbon, Metaleuroest controls 21.3% of its shares and Ekomin Titu owns a 20.6% stake.

On Rasdaq market on October 17, Electrocarbon closed up 7.98% to RON2.3 a share. (EUR1=RON4.5358)