Mefin Sinaia reported yesterday losses of 4 million RON for 2006, down 46% from the past year, when the company posted a loss of 2,74 million RON, according to a report to the Bucharest Stock Exchange quoted by NewsIn. Turnover totaled 33,16 million RON, declining by 7,8% compared with 2005, when turnover amounted to 36,03 million RON.
The company is listed on the Bucharest Stock Exchange as of March 1997 and has a share capital of 13,23 million RON. The majority shareholder is Cyprus-based company DCI Walbridge Partners with 79,63%. Mefin Sinaia manufactures injection equipment for diesel engines and various auto parts.