In 2012, the company had revenues of RON445.3 million and a net profit of RON15.9 million.
Electromagnetica’s debt increased nearly 23%, to RON51.3 million, from RON41.8 million at the end of 2012, according to the company’s earnings report sent to the Bucharest Stock Exchange Friday.
The company is 29.85% owned by the Employees Association and 22.11% by regional investment fund SIF Oltenia (SIF5.RO).
Electromagnetica shares closed up 0.94% in bucharest Thursday, at RON0.215 a share.