The company made more than RON15.6 million (EUR3.3 million) net profit last year, 5% lower than in 2018, when its profit stood at RON16.5 million, according to publicly available data.
The Timisoara-based lighting manufacturer had 1,016 employees in 2019.
Elba Timisoara has an almost 100 history and is one of the most important lighting manufacturers in Romania.
(English version by Loredana Fratila-Cristescu)