In 2013, the company reported a net profit of RON11.8 million.
TMK-Artrom expects its sales will increase 25.4% to RON1.1 billion in 2014, the company said in its revenue and expenditure budget for this year.
TMK-Artrom is 92.6%-owned by TMK Europe, a division of Russia’s TMK.
Monday, TMK-Artrom closed up 0.48% at RON2.1 a share. (EUR1=RON4.4629)