Vrancart posted revenue of RON87.15 million in January to June, up 18% on the year, while overall costs rose a similar 18% to RON85.3 million.
The company’s sales increased 16% to RON82.6 million in the first six months.
Vrancart is majority owned by regional investment fund SIF Banat-Crisana (SIF1.RO), with a 74.7% stake.
Friday in Bucharest, Vrancart shares closed up 2.1% at RON0.633, valuing the company at RON50.3 million. (EUR1=RON4.2784)