The company reported revenues RON131.9 million, slightly higher compared with RON129.8 million in the first quarter of 2020.

At the end of March, the company had total assets of RON767.1 million, up 2.17% compared with end-2020, while total debt stood at RON147 million from RON145.8 million end-2020.

Transport Trade Services went public on the Bucharest Stock Exchnage’s amin market on June 14 after raising RON288 million in an initial public offering for 50% of its share capital.

The company’s biggest shareholder remains Mircea Mihailescu, who currently holds 25.26% from a pre-IPO holding of nearly 50%.

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