Aerostar Bacau posted a slight increase in net profit, to 47.36 million RON, after the first half of this year, and a turnover of 292.83 million RON, according to the company's first half report, sent to the Bucharest Stock Exchange on Wednesday."From the turnover of 292,833 thousand RON achieved in the first semester of 2024, the company sold products and services on the domestic market of 52,606 thousand RON, and on the foreign market of 240,227 thousand RON equivalent. Between January 1 and June 30, 2024, the trend was maintained on the rise for the maintenance of civil aircraft as a result of the increase in work requests for the 2 types of aircraft for which Aerostar has authorizations. Regarding the comparative evolution of sales on the outlet markets, Aerostar recorded an upward trend for exports in Europe," the document reads.At the end of the first semester of 2024, Aerostar realized and put into operation investments worth 12.56 million RON.At the end of June, the company had 1,844 employees. The significant shareholders of the company are Iarom S.A. Bucharest (71.5%) and Evergent Investments S.A. Bacau (15.2%).Aerostar manufactures aviation products, repairs and modernizes airplanes, produces and integrates aero and land systems with civil applications or in the field of defense and security.The company, founded in 1953, has been a wholly owned private company since 2000, with shares traded on the Bucharest Stock Exchange since 1998.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
