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Aerostar S.A.

ISIN: ROAEROACNOR5 | Ticker: ARS

About Aerostar S.A.

Company Description

With a significant footprint on the international market, AEROSTAR manufactures aviation products, repairs and upgrades aircraft, designs and produces integrated air and ground systems with civil applications, or used in the defence and security area.

Established in 1953, AEROSTAR is a robust industrial base with over 1850 employees, and modern production facilities spread on a total area of over 45 hectares.

The company was founded in 1953 with the name of the Aircraft Repair Plant (UM 03767), the predecessor of S.C.AEROSTAR S.A. Bacau of today. It had the previous names along the years: URA-1953, IRAv (Aircraft Repair Enterprise) - 1970, IAv (Aircraft Enterprise) - 1978, and in 1991 it was registered as a stock company with entirely state-owned capital under its current designation S.C.AEROSTAR S.A.

Year founded

1953

Served area

Europe

Headcount

1,850

Headquarters

Str.Condorilor, nr.9, 600302 Bacau – Romania

Shareholder information

Shares outstanding

152,277,450

IPO

Feb. 1, 1998

Stock exchange(s)

Bucharest Stock Exchange

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