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.
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
Romanian dairy producer Artesana will begin construction of a new factory in 2025, an investment estimated at EUR 8-10 million with production specialised in cheese products scheduled to start in 2027, Mediafax.ro reported. The company said...
Roșii Românești, a company registered in Timișoara as part of the Polish group Citronex, has begun its planned EUR 20 million investment in the construction of a modern hydroponic tomato greenhouse complex, accompanied by a packaging space, road infrastructure, logistics platforms, and utility connections. The documents have been submitted to the Environmental Agency, and production […]
