Romaero Baneasa Doubles Profit In First 9 Mths 2006

F.A.
Ziarul BURSA #English Section / 12 ianuarie 2007

Romaero Baneasa reported 30.4 million RON in turnover for the first nine months of 2006, up by 4 percent from the 29.2 million RON reported in the corresponding period of 2005. The company nearly doubled the net profit in the said interval, from 232,000 RON to 462,000 RON. Overall revenues reached 43.6 million RON in the first 9 months of 2006, compared to 32.6 million RON in the corresponding period of 2005. Romaero manufactures aircraft and provides maintenance and repair services. It is an official supplier to Boeing, Israel Aircraft Bombardier and Airbus subcontractors. The company is controlled by the Ministry of Economy and Trade with 72.9 percent.

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