In the first quarter of 2012, the company posted a loss of RON870,000.
Transilvania Constructii’s sales were down 21.8% in the first half of the year, to RON17.67 million, from RON22.6 million during the same period of 2011.
Revenues decreased 10.1% to RON25.05 million, while expenses were down by the same rate, to RON24.46 million.
Transilvania Constructii has a share capital of RON31.2 million, split into 945,803 shares with a face value of RON33.
Stockholders include Mircea Timofte, with 30.14%, Gabriela-Camelia Timofte, with 29.46%, regional investment fund SIF Banat-Crisana (SIF1. RO) with 19.04%, and privatization authority AVAS with 3.17%.
On the Bucharest bourse August 7, Transilvania Cosntructii shares traded up 5.21% at RON20 a share. (EUR1=RON4.5307)