Its revenues amounted to RON149 million last year, from RON1.41 billion in 2011, while overall expenses fell to RON146 million, from RON1.74 billion.

The company registered profit of RON3 million in 2012, versus losses of RON328 million in the previous year.

UCM Resita was privatized in 2003, when Swiss company INET and UCM employees association took over the majority stake, in a EUR13.1 million deal. INET currently owns a 96.79% stake in the company.

UCM was last traded on the Bucharest bourse on December 6, at RON0.0599 a share, down 3.39%. (EUR1=RON4.3844)