According to the report published on the Bucharest Stock Exchange (BVB), revenue stood at RON16.8 million, down 7.4% year-over-year, while expenses shrank by 15% to RON16.4 million.

Meanwhile, the operating result improved to a loss of RON829,208 from a loss of RON2.2 million in the first half of 2025.

ARO shares have risen 337% over the past 12 months, on a RON400,000 traded volume.

Alternative investment fund Transilvania Investments Alliance holds 96% in the issuer’s share capital.

(English version by Loredana Fratila-Cristescu)