The company posted a loss of RON2.1 million last year, from net profit of RON3.46 million in 2011.

Its revenues dropped 48% to some RON30 million, and overall expenses fell 41% to RON32 million.

Businessman Florin Pogonaru holds a 51% stake in the business, alongside other firms. Regional investment fund SIF Oltenia (SIF5.RO) holds a 23.63% stake.

On the Bucharest stock market Friday, Prodplast was trading down 0.47%, at RON1.06 a share. (EUR1=RON4.3844)