Business of VAE Apcarom increased 26%

Ovidiu VRÂNCEANU (Translated by Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 11 noiembrie 2011

Business of VAE Apcarom Buzău, specializing in rolling stock, increased 26% in the first nine months of this year, from 51.6 million lei to 65.1 million lei, whereas the company's net profit climbed 8%, from 4.8 million lei to 5.2 million lei.

The company's revenues increased 22% during the reviewed period, from 56.2 million lei to 68.7 million lei, whereas expenses rose 24%, from 50.2 million lei to 62.4 million lei.

Through VAE, Austrian group Voestalpine owns 92.92% of the company based in Buzău.

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