Romanian glass manufacturer Stirom reported on 3 September 2007 a 1H 2007 net profit of some ROL 13.76 million (USD 5.73 million/EUR 4.21 million), sharply up from ROL 363,400 in the same period 2006,…
Romanian glass manufacturer Stirom reported on 3 September 2007 a 1H 2007 net profit of some ROL 13.76 million (USD 5.73 million/EUR 4.21 million), sharply up from ROL 363,400 in the same period 2006, as costs fell significantly. Turnover increased to ROL 73 in the 1H 2007 from ROL 68.23 in 1H 2006. Over the same period, total revenue decreased from ROL 93.98 to ROL 88.75 while costs fell from ROL 93.73 to ROL 73.38. Stirom was established in 1966. MGL Mediterranean Glass Limited, part of Greek Yioula Glassworks, owns 53.94% of the company.
