BOARD OF DIRECTORS'
REPORT
1ST SEMESTER 2023
9 Condorilor Street,
Bacău 600302, Romania
Web/e-mailwww.aerostar.ro,aerostar@aerostar.ro
Telephone/fax number:
004-0234575070/004-0234 572023
AEROSTAR is a company with 70 years of experience in the aviation and defence industry.
Over the years we have left our global mark, while focusing on fulfilling our mission, as well as on our customers' requirements and expectations, through continuous improvement actions at all levels.
At present, we are a national market leader and an integrated supplier to the global supply chains of major aerospace companies.
AEROSTAR S.A. shareholders can find information about AEROSTAR S.A. and our main events on the website www.aerostar.ro.
SEMESTRIAL REPORT 2023 | 2 |
The Report of the Board of Directors was prepared in accordance with the provisions of Law 24/2017 on the issuers of financial instruments and market operations and Regulation A.S.F. No 5/2018 of the Financial Supervisory Authority on the issuers of financial instruments and market operations, namely Annex 14, the applicable reporting requirements and the Guidelines described in the European Commission's Communication.
Reporting period - 1st semester, 1 January - 30 June 2023.
Date when the company was founded: 17 April 1953
European Unique Identifier of the Company (EUID): ROONRC.J04/1137/1991,
LEI identification code as a legal entity: 315700G9KRN3B7XDBB73;
Subscribed and paid-up share capital: RON 48.728.784;
Unique Registration Code 950531, ISIN code
ROAEROACNOR5,
The company's activities are carried out at its registered office, located at 9, Condorilor Street, Bacău, postal code 600302;
The company's main field of activity is production. The company's main object of activity is 'Manufacture of aircraft and spacecraft' - CAEN code 3030.
The individual financial statements prepared for the first half of 2023 are accompanied by the external financial auditor's review report.
Applicable accounting standards:
The individual financial statements are prepared in accordance with the provisions of the International Financial Reporting Standards (IFRS) adopted by the European Union, the Accounting Law no. 82/1991, republished, as amended and supplemented, and they are presented in accordance with the requirements of IAS 1 (Note 3);
AEROSTAR S.A. is listed on the Bucharest Stock Exchange under the code ARS, all the shares issued are in the Standard category. The record of the company's shares and shareholders is kept in accordance with the law by S.C. Depozitarul Central S.A. Bucharest.
SEMESTRIAL REPORT 2023 | 3 |
SEMESTRIAL REPORT
THE BOARD OF DIRECTORS' REPORT
INDIVIDUAL FINANCIAL STATEMENTS
EXTERNAL AUDITOR'S REVIEW REPORT
The purpose of this report is to inform the investors about the changes in the company's position and performance that have taken place during the reporting period January-June 2023, as well as about the foreseeable developments on the aviation and defence industry market and the company's development opportunities.
THE BOARD OF DIRECTORS' REPORT
I-ST SEMESTER
Manufacture of Aeronautical | SALES MARKETS | |
Products | ||
49,4% of the turnover for the | 4,04% 2,24% | |
first semester of 2023 | 17,01% | România |
11,56% | Europa | |
MRO Civil Aviation | Asia | |
Africa | ||
33% of the turnover for the | Canada+SUA | |
first semester of 2023 | ||
65,15% |
Defence Systems
15% of the turnover for the first semester of 2023
1824
NUMBER OF EMPLOYEES
2706
ATTENDANCES IN TRAINING SESSIONS
0
WORK ACCIDENTS
15%
SALARY INCREASES
7138 k Lei
INVESTMENTS
SEMESTRIAL REPORT 2023
TOP PRIORITIES IN 2023
We are constantly monitoring the progress of the proposed commitments:
- CLIMATE CHANGE MITIGATION
- TOP EMPLOYER
- COMMUNITY ENGAGEMENT AND DEVELOPMENT
- CUSTOMER SATISFACTION
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Aerostar SA published this content on 11 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2023 07:23:04 UTC.