The company informed investors the contract exceeds 10% of the total revenues reported in the latest annual financial statements. It did not specify the value of the contract or the name of the partner.
Compa, mainly known for car parts production, thus seems to be branching out toward the defense industry, a sector in full expansion at European level.
In 2024, Compa posted total revenues of around RON650 million, meaning the new contract is worth at least RON65 million, the equivalent of around half of the company’s current bourse capitalization.
(English version by Catalina Apostoiu)