Its revenues climbed 1% last year to RON339.3 million, from RON335.8 million.

Prospectiuni’s overall expenses increased 6.1% in 2012 to RON315.58 million, from RON297.3 million in the previous year. Its debts climbed to RON124.3 million, from RON116.5 million.

The company’s gross profit amounted to RON23.7 million in 2012, down 38.4% on the year.

The company is 55.7%-owned by local businessman Ovidiu Tender, while regional investment fund SIF Muntenia holds an 11.82% stake.

On the Bucharest stock market Thursday, Prospectiuni closed flat at RON0.2 a share. (EUR1=RON4.3698)