It said activity in the first half was impacted by insolvency and lockdown and restrictions due to the coronavirus pandemic.

At the end of June, the company had assets of RON316.6 million, 1.32% higher compared with end-2019, while total debts stood at RON1.03 billion from RON1.01 billion end-2019.

Romcab entered insolvency in February 2017.

Accoridng to the latest stock market data, Romcab is 69% owned by Sadalbari SRL in Targu Mures, also insolvent, while 30.9% of its capital is free float.

Subiecte #earnings#ROMCAB