The company’s sales widened 21.7% to RON90.1 million, from RON74 million in 2010.

Revenue increased by 21.4% on the year to RON95.3 million, while expenditure rose 21.1% to RON86.39 million.

Vae Apcarom has a share capital of RON7.3 million, divided into 73.7 million shares with a face value of RON0.1.

Austrian group Voestalpine holds 92.92% in Apcarom, through Austrian Vae.

Vae Apcarom shares closed flat Wednesday, at RON0.725. (EUR1=RON4.3554)