Aviation company Aerostar recorded in the first nine months of 2024 a net profit of 58.814 million RON, slightly down by 3.7% compared to the one obtained in the same period of 2023, of 61.09 million RON, according to the unaudited results sent to the Bucharest Stock Exchange (BVB) on Friday.The company's revenues amounted to 464.9 million RON, and expenditures to 397.77 million RON. The gross profit was, in the mentioned period, 67.16 million RON.From the turnover of 419.51 million RON achieved in the first nine months of 2024, the company sold products and services on the domestic market for 79.176 million RON, and on the foreign market for 340.334 million RON, equivalent."During the reporting period, Aerostar registered an upward trend of sales on the outlet markets. The share of exports in the turnover during the reporting period is 81%", the report sent to BVB reads.Until the end of September 2024, Aerostar made and put into operation investments worth 22.168 million RON.Aerostar, a company with over 70 years of experience in the aviation and defense industry, is a significant supplier of aerostructures, components, assemblies and hydraulic systems for global manufacturing programs. The equipment, assemblies and parts produced by Aerostar are part of a large number of commercial aircraft: Airbus A320, A321, A330, A350, Boeing B737, B787, B767, Gulfstream G650, Dassault F7X, Bombardier Challenger 600 series and Global 5000/6000.The company provides products and services in Europe, Asia, Africa, USA and Canada. In Europe it provides maintenance services for civil aviation, aviation products (landing gear systems, mechanical parts, assemblies and subassemblies), electronic equipment and ground equipment. In Asia and Africa it provides civil aviation maintenance services and in Canada - aviation products. In Romania, it provides repair services for military aircraft and repair of electronic parts and components for military aircraft, upgrades, integrations and maintenance for military aviation systems, systems and launchers repair services.Aerostar is listed on the Bucharest Stock Exchange's Standard category. The main shareholder is IAROM, with 71.49% of the shares.
Romanian citizens residing in Bucharest can apply for the new electronic ID card (Carte Electronică de Identitate – CEI) starting Thursday, April 24, the Interior Ministry announced. Authorities estimate that the new ID will be available nationwide through the local public community services for personal records within the next two months. Romania began issuing the […]
Bucharest hosts another Open Streets weekend, a large pop culture convention, and one of the year’s top running events, while a festival of marching bands is on in
Interim president Ilie Bolojan has convened the Supreme Council of National Defense on Wednesday, April 30, to discuss essential defense topics such as Romania’s participation in the ReArm Europe Plan/Readiness 2030, the draft Law on National Defense of Romania, and the National Plan on Military Mobility. Other topics concern the draft Law on certain measures […]
The photography exhibition World Unseen, which allows both blind and sighted visitors to experience images through touch and sound, is opening its doors in Iași after attracting over 100,000 visitors in Bucharest. Hosted at the Palace of Culture, the exhibition will be on display from April 29 to July 29. Organized by Canon Romania in […]
Brașov-Ghimbav International Airport in central Romania recorded a total of 56,897 passengers in the first quarter of this year, more than double the number from the same period in 2024, when 27,885 travelers were registered. According to statistics published by the Romanian Airports Association, the Brașov-Ghimbav Airport has returned to 9th place in the national […]
DAAS Epta Romania, part of the international Epta group, is set to open the first Training Center for refrigeration technicians in the country with an EUR 500,000 investment. The company also announced the accelerated expansion of the remote monitoring service center, or TLM. The Training Center is a pilot project developed based on the model […]
