Siretul Pascani last year posted a profit of 317,399 RON before tax, which is 67 percent lower over the previous year. The company's gross profit also dropped by 70 percent, from 1.2 million RON in 2004 to 375,435 RON in 2005.

The company's net profit last year was distributed to the shareholders and to the establishment of a legal reserve, reads a company's release. This year Siretul Pascani plans to post a turnover of 26.5 million RON.

This year the company will invest around 432.000 EUR, money that will come from last year's profit and the one raised after the bond issue from 2004.