Export sales reached RON200.3 million in 2020, down 36.3% on the year. Total revenues stood at RON326.3 million in 2020, down 22.3% on the year, and total expenses reached RON284.2 million in 2020, down 17.6% on the year, per ZF calculations.
End-2020, Aerostar had 1,807 employees, 150 fewer than at the end of 2019, and total assets of RON547 million, down 1.7% on the year.
Expenses for investments from company sources stood at RON46.6 million in 2020, up 32% on the year.
Aerostar Bacau, with a market value of RON654.8 million, is 71.4% owned by Iarom Bucuresti and 15% held by regional investment fund SIF Moldova (SIF2.RO).
ARS shares have been trading down 3.3% since the beginning of 2021, amid deals worth RON363,000.