In the first half of 2011, the company posted revenue of RON113.2 million and profit of RON11.6 million.
Stirom’s expenses decreased by 5%, from RON99.3 million to RON94.2 million (EUR21.4 million).
The company’s turnover dropped by 5%, to RON94.6 million (EUR21.5 million), from RON100 million in the first semester of 2011.
Founded in 1966, Stirom was purchased in 2003 by Greece’s Yioula Glassworks. The Greek company, through its Cyprus-based unit MGL Mediterranean Glass, owns 93.4% in Stirom.
On July 30 on the Bucharest bourse, Stirom closed flat at RON6.5 per share. (EUR1=RON4.5396)