The company switched to a loss of RON511,000, versus profit of RON1.3 million in January-September 2011.

Its revenues dropped 29% in the first nine months to RON35.9 million, from RON50.6 million in the same interval a year ago. Overall expenses fell 26% to RON36.1 million from RON48.8 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 Tuesday, Transilvania Constructii traded down 5.26% to RON27 a share. (EUR1=RON4.5379)