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.
The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]
Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR. The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report. Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]
Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]
Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion. The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]
