Its turnover declined 4%, to RON162.7 million.
Its export sales totaled RON136.7 million in the first six months and the European market accounted for nearly 60% of sales.
Aerostar invested RON8.03 million in the first six months, of which RON7.39 million on equipment purchasing and RON634,000 for software licenses and the development of its production management IT system. The company wants to digitally streamline its entire production process by the end of 2018.
At the end of June, Aerostar Bacau had 2,128 employees.
Its own capital stood at RON225.4 million at the end of June, up 5.4% compared with the same period last year, while long term debt stood at RON18.4 million from RON18.84 million at the end of June 2016.
Aerostar is 71% owned by Iarom Bucharest, regional investment fund SIF Moldova (SIF2.RO) holds a 14.9% stake in the company, and the remaining shares are distributed among other shareholders on the local capital market.