The company posted operating revenue of RON25.5 million in January-September 2021, down 40.7% compared with the same period in 2020, while operating expenses reached RON26.9 million, down 31.6%. The operating result therefore was a loss of RON1.4 million, compared with a profit of RON3.7 million in the first nine months of 2020.

As of September 31, 2021, Elvila had total assets of RON76.7 million, 3.7% lower than at the end of the third quarter of 2020.

The company has a capitalization of RON19.9 million and is 65.5% controlled by Viorel Catarama, while Elvila General Consult holds 19.4% of the share capital and the Romanian government, through the Authority for the Administration of State Assets, has a 1.2% stake.

Elvila shares have gained 29.3% since the beginning of the year, amid transactions of RON143,500, Bucharest Stock Exchange data show.

(English version by Loredana Fratila-Cristescu)