Of the staff to be laid off, 15% work in production and the rest are from support departments.
Romaero Baneasa is owned by the state through the Ministry of Economy (51.9%), regional investment fund SIF Muntenia (25.8%), restitution fund Fondul Proprietatea (21%) and other shareholders.
Shareholders also decided to reject a proposal to raise the wages of the management. Since the beginning of the year, the company’s shares traded on the alternative system of the Bucharest Stock Exchange, AeRO, declined 7.2%. Shares were last traded on June 23 at RON18/share.