Premium Aerotec made RON67.8 million (EUR14.3 million) profit in 2019, down 18% from the RON82.6 milion (EUR17.7 million) in the previous year, according to publicly available data.
Germany’s Premium Aerotec entered Romania in 2010 when it built a plant on the IAR Ghimbav site, where it makes metallic and non-metallic components for Airbus aircraft. The plant takes up 26,000 square meters. It had 160 employees at first and now it has five times more.
Airbus Group operates through three divisions in Romania – Airbus Helicopters, Airbus Defence and Space and Premium Aerotec, fully held by Airbus.
(English version by Loredana Fratila-Cristescu)