The contract covers transport services and port operations for raw materials, for a one-year period, from January 1, 2022 to December 31, 2022, TTS said in a stock market report on Monday.

Transport Trade Services ended the first nine months of 2021 with a net profit of RON57.4 million, up 60% on the year, and a consolidated turnover of RON451 million, up 20% on the year, per calculations by Ziarul Financiar (ZF) daily based on the company’s financial report.

The company has a stock market capitalization of RON681 million and its shares have been trading up 1.8% since the beginning of the year, amid deals worth almost RON2.6 million, per stock market data.

TTS’ main shareholder is Alexandru Mircea Mihailescu, with a 25% ownership stake. The remaining shares are distributed among other shareholders.