Baumix reports RON 329,000 profit in 2010

Newsroom 23/02/2011 | 12:45

Local construction materials producer Baumix went in the black last year, reporting a net profit of RON 329,000 and a turnover of RON 30.2 million.

The company’s results were affected by the 30 percent decrease of the market, resulting in a 15 percent drop in turnover, bellow the RON 36 million level of 2009.

The company’s main focus for this year is optimizing costs, increasing profitability, and R&D investments.

“This year we are betting on the ceramic tiles ranges and thermo systems, each having a 15 percent market share,” said Razvan Bebe, research and development director with Baumix.


BR Magazine | Latest Issue

Download PDF: Business Review Magazine November 2023 Issue

The November 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Mastercard On a Mission to Build an Inclusive Digital Economy”. To
Newsroom | 27/11/2023 | 17:41
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue