Net profit, however, shrank from RON40.7 million to RON9.6 million. The trader had 100 employees last year.
Tinmar Ind plans to make 9 million lei investments this year. This is the most generous investment budget of the company in the past few years, considering Tinmar should begin selling power to household consumers in 2016.
Tinmar Ind, which is held by businessman Augustin Oancea, had a 10.27% share of the competitive energy market segment last year and its client list includes automobile Dacia and Lukoil, according to the latest data available.
It hopes to see net profit reach RON60 million and revenue RON3.52 billion in 2016.
Another goal besides entry on the household consumer market is expansion abroad, the company said. To that end it secured the electricity supply license in Serbia, Turkey and Bulgaria in 2015. Tinmar currently operates in Romania, Hungary, Austria, Germany, Bulgaria, Serbia, Czech Republic, Greece, Slovakia and wants to sell RON150 million worth of power abroad in 2016. (EUR1=RON4.4974)
(English version by Loredana Fratila-Cristescu)