Its turnover declined a slight 1.6%, to RON160 million.
Export sales reached RON135 million of the company’s turnover, with 65% delivered to European markets, while domestic sales stood below 20%, and sales to Asia and Africa accounted for less than 10%.
Aerostar’s total debt stood at RON71.6 million end-June, up 36% compared with end-December 2017.
The company’s total assets stood at RON473.4 million end-June, up 6.8% on the year.
Aerostar is 71.2% owned by Iarom Bucharest, regional investment fund SIF Moldova (SIF2.RO) holds over 15% of the company’s shares, and the remaining shares are distributed among other shareholders on the Bucharest Stock Exchange. Aerostar has a market value of RON759 million.