Romanian Romet 2011 Sales Up 10% YY To EUR300M

“The two main business lines are the water industry and agriculture, which are strongly funded by the European Union and by banks right now,” group owner Constantin Toma told MEDIAFAX.

In addition, agricultural year 2011 was “exceptional”, contributing to an increase in sales as well as profit, according to the businessman.

In November 2011, the group completed an investment of some EUR4 million in a fire extinguisher plant. In April 2012, the company expects to conclude another contract, worth EUR5 million, for a smelting plant.