The company made some RON18.9 million (EUR3.9 million) net profit in 2020, 3.6 times lower than in the previous year, when it stood at RON67.8 million (EUR14.3 million), according to publicly available data. Premium Aerotec had 641 employees on average, 163 fewer than in 2019.
Germany’s Premium Aerotec entered Romania in 2010 when it built a plant on the IAR Ghimbav site. The plant makes metallic and non-metallic parts for Airbus aircraft.
(English version by Loredana Fratila-Cristescu)