In the first nine months of 2011, TMK-Artrom Slatina reported a net profit of RON61.3 million.
The company said its sales rose 10% on the year to RON707.5 million in January through September.
Revenues were up 3% to RON755.6 million, while costs increased 5% to RON706.8 million.
The company is 92.6%-owned by TMK Europe, a division of Russia’s TMK.
On the Bucharest bourse Monday, TMK-Artrom closed down 0.74% at RON1.34 a share. (EUR1=RON4.5388)