Premium Aerotec had a net profit of RON47.3 million (EUR9.5 million) in 2023, up 8.3% from a net gain of RON43.6 million (EUR8.8 million) reported in 2022, as per publicly available data.
The company had an average number of 804 employees in 2023, 131 more than in 2022, according to finance ministry data.
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 and covers an area of 26,000 square meters.
Airbus Group is present in Romania with three divisions: Airbus Helicopters, Airbus Defence and Space, and Premium Aerotec, which is fully owned by Airbus.