The company’s turnover rose 20% to RON647,000.
Mecanica Codlea is listed on the Bucharest Stock Exchange’s alternative trading system AeRO market and has a market value of RON4.7 million.
In 2015, the company reported a net profit of RON405,800, down from RON582,000 a year before.
Mecanica Codlea is 81% owned by regional investment fund SIF Transilvania, while Reximper Prod Brasov owns an 11% stake.