Sales rose 47% to RON300.1 million, from RON204.1 million in the first half a year ago, according to a company report sent Tuesday to the Bucharest bourse.

Revenue rose 40% on the year, to RON328 million, while expenditure widened by 29% to RON356 million.

The plant is 86.5% owned by Russian steel giant Mechel, through Mechel International Holdings.

Mechel Campia Turzii shares were last traded on the bourse’s Rasdaq market on August 11, at RON0.85 per unit. (EUR1=RON4.2706)