The company’s net profit fell to RON9.6 million, from RON40.7 million in 2014.

Tinmar is controlled by businessman Augustin Oancea, who invested in green energy sector through Tinmar Green Energy, Mar Tin Solar Energy, Solprim and Eye Mall companies.

According to Finance Ministry data, in 2015, the four companies reported an overall turnover of RON45 million, up by 14% on the year, while their profit fell from RON5 million to RON1.6 million.