In the first half of 2013, the shopping center’s had a turnover of RON38.25 million and a net profit of RON3.75 million.
Exploitation revenues dropped 4%, to RON37.56 million (EUR8.4 million), from RON39.2 million in the same period last year, the company said in a statement Tuesday.
Exploitation expenses rose 5%, to RON34.3 million (EUR7.7 million), from RON32.67 million in the same period last year.
Unirea Shopping Center is indirectly owned by the Adamescu family, via The Nova Group Investments Romania, which owns 74.16% in the shopping center. Other shareholders are regional investments fund SIF Muntenia (SIF4.RO) with 10%, while 15.8% is distributed among other shareholders.
(Amounts in euros have been calculated at a rate of RON4.4645 to the euro, the average exchange rate for the first half of the year, according to central bank data)