“For 2012, we expect growth of at least 5%, backed by investment estimated at EUR3.3 million,” the company said in a report sent to the Bucharest bourse.

Investment will mainly target upgrades and the introduction of new products in the portfolio.

The company’s largest shareholder is Taiwanese Living Plastic Industry, with a 32.85% stake. Other shareholders include Unitai International Corporation, with 20.5%, and investment fund Eastern Eagle Fund, with 14.2%.

Romcarbon shares closed Tuesday at RON0.17, up 1.86% on the day. (EUR1=RON4.327)