Aerostar recorded, in the first nine months of 2023, a net profit of RON 61.096 million, down 17.3% compared to the same period last year, of RON 73.914 million, according to the financial data sent to the Bucharest Stock Exchange (BVB) on Friday.During the mentioned period, the company recorded a turnover of RON 361.523 million, an increase of 14% compared to the first nine months of last year. Export sales amounted to RON 295,507 million (227,192 in the period January-September 2022).Gross profit amounted to RON 67.729 million, down from RON 98.175 million in the first nine months of last year.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.Since 2000, it has been a company with full private capital, having its shares traded on the Bucharest Stock Exchange since 1998.The main shareholders are SC IAROM, with 71.4921% of the shares, and Evergent Investments, with 15.1737%. (Photo:https://www.aerostar.ro/militare)
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
