“At the end of December 2022, Romcarbon closed the transaction to sell its investment in Green Group. The profit from this transaction is RON45,784,358. Exiting this investment does not mean that Romcarbon will stop investing in the circular economy. On the contrary, Romcarbon will continue in this direction and have more resources to integrate it with the existing activity,” Romcarbon says in its annual report.
Romcarbon SA alone, posted – without the impact of the Green-Group stake sale, operating profit of RON7,610,389, an increase of 1% on 2021, as well as net profit of RON5,932,555, up RON7,380,013 from the RON1,447,458 loss of 2021.
Consolidated result of Romcarbon stood at RON56.3 million, an increase of RON54.5 million on the previous year, while operational EBITDA reached RON24.7 million, an increase of 47%.
(English version by Loredana Fratila-Cristescu)