The company also posted a turnover of RON10.8 million, down from RON35.6 million in the first three months of 2015.
In 2015, IAR Ghimbav reported a profit of nearly RON12 million and decided to pay dividends worth RON6.55 million (54.73% of the profit).
IAR Brasov is 64.9% controlled by the Romanian state, via the Economy Ministry.