EnglishThe profit of Ecopack Ghimbav has increased almost 58 times in the first nine months of the year, compared to the similar period of 2010, from 52,519 lei to 3.015 million lei, according to the financial statement sent to the Bucharest Stock Exchange. The company's business increased 21.83% during the reviewed period, from 49.647 million lei to 63.506 million de lei.
The company's total revenues increased 21.07%, from 53.107 million lei to 67.295 million de lei, whereas expenses increased 16.67%, from 52.884 million lei to 53.456 million lei.
Just operating profit increased 2.5 times during the reviewed period, from 2.282 million lei to 5.373 million lei.
Ecopack, maker of corrugated cardboard, owns 99.01% of Ecopaper Zărneşti, 88.10% of Celhart Donaris Brăila and 45% of Andritz R&M Service SRL.
Ecopack is controlled by Kameran Financial, registered in Switzerland, which owns 95.07% of the shares.
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