In 2010, the company posted net profit of RON2.22 million.

Mecanica Ceahlau said total sales rose 35.7% on the year to RON30.1 million in 2011.

Revenues were up 39.5% to RON30.8 million, while costs increased 16.5% to RON23.1 million.

Mecanica Ceahlau has a share capital of almost RON24 million, split up into 239.9 million shares with a face value of RON0.1.

The company’s main shareholder is regional investment fund SIF Moldova (SIF2.RO) with a 55.1% stake, while investment fund Eastern Eagle Fund Winward owns a 21.6% stake.

Mecanica Ceahlau’s shares closed down 14.82% at RON0.1 in Bucharest. (EUR1=RON4.3011)