Sc Retrasib Sa Reports Earnings Results for the First Quarter Ended March 31, 2020

Retrasib SA is a Romania-based company engaged in the industrial sector. The Company specializes in the manufacture of transformers and autotransformers for generation, transport and distribution of electrical energy. Retrasib SA's products portfolio encompasses high and medium voltage transformers and autotransformers, special transformers and autotransformers for mobile substations, metallurgy, chemistry, transport by railway, power plant and equipment for neutral treatment. In addition the Company provides various services, including diagnostic, maintenance and modernization of power transformers in the factories and at transformer site. Its main customers are Transelectrica SA, Hidroelectrica SA and Electrica SA, among others. The main shareholder of the Company is SGB-SMIT International GmbH.