The Republic of Mauritius is an island nation in the Indian Ocean.

The company’s revenues dropped 25.8% in the first half of the year, to 110.7 million lei (EUR24.2 million) from RON149.3 million in the first half of 2011. It registered losses of RON6.1 million in the first six months, versus net profit of RON27.3 million in the same interval a year ago.

Romanian businessman Ovidiu Tender holds a 55.7% stake in Prospectiuni, through firm Tender SA Timisoara, while regional investment fund SIF Muntenia (SIF4.RO) holds 11.8% of the shares.

On the Rasdaq market in Bucharest Wednesday, Prospectiuni closed down 2.67%, to RON0.146 a share. (EUR1=RON4.5641)