CET Braila’s loss widened 18.3% in January to September, to RON8.4 million, from RON7.1 million in the same period of 2011.
October 19, the company’s shares on the Bucharest Stock Exchange closed at RON0.47/share.
CET Braila is majority owned by Braila Local Council, with a 78.9% stake, while several stockholders own a 21% stake. (EUR1=RON4.5236)