The company’s first half turnover grew 27% compared with the same period last year and doubled compared with the first half of 2013, when the company entered insolvency.

In the second quarter, Oltchim’s turnover grew 24% compared with the year-earlier period and 16% compared with the first quarter, due to larger sales volumes and higher sale prices.

Oltchim posted a gross profit of RON36.6 million (EUR8.1 million) in the first six months, up 50% on the year. Second-quarter gross profit grew 43% on the year and 158% compared with the first quarter this year.

The company had exports of EUR82 million in the first half of the year, accounting for 78% of its turnover.

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