Aerostar reported total sales of RON100.4 million in January through September, down 3.2% on the year.

The company said revenue fell 3% to RON114.8 million in the first nine months, while costs declined 5.4% on the year to RON107 million.

Aerostar is 71.09% owned by Iarom Bucuresti, while regional investment fund SIF Moldova (SIF2.RO) holds a 12.13% stake.

On the Bucharest bourse Wednesday, Aerostar closed up 0.21% at RON0.95 a share. (EUR1=RON4.3585)