24 March 2008 Bucharest _ Fifteen Romanian and foreign companies have already obtained the presentation file of Avioane Craiova ahead of the April 17 deadline.
The companies interested in the southern
The winner will be chosen through negotiations based on irrevocable final bids.
Avioane Craiova had losses of 7.06 million lei (€ 2 million) in 2007, six times more than in 2006, while revenues declined by 7.5% to 24.24 million lei (€ 6.87 million).
The new owner will be obliged to maintain the activity of the company.
Avioane Craiova SA was set up in 1972 and started to produce aircrafts in cooperation with the former
Presently, Avioane Craiova produces the IAR-99 Soim advanced jet trainer, along with structural subassemblies for civil aircraft and fire-fighting equipment.