Losses of UCM Resita down fourfold in H1
The company's turnover grew 22.27% in the first six months of 2008, as against the same period of last year, standing at 102.676 million lei.
In the aforementioned period, UCM reported revenues worth 83.762 million lei and spending worth 89.328 million lei.
UCM Resita was purchased on December 23, 2003 by a consortium made up of INET AG Switzerland and the Association of Employees UCM Resita. The company's shareholders at present are INET AG with a 96.3880-percent stake, UCM Resita with 0.7029%, AVAS (State Assets Resolution Authority) with a 0.0202-percent stake, companies – legal persons – 2.1706% and individuals – 0.71830%.