TMK Artrom reported a net profit of 1.9 million lei (EUR0.42 million) in the first half, on total sales of RON464.3 million.
The company is 92.6%-owned by TMK Europe, a division of Russia’s TMK.
Wednesday, TMK Artrom closed flat up 4.58% at RON1.485 a share in Bucharest, valuing the company at RON172.5 million. (EUR1=RON4.4635)