Scholarship. The UE arming plan saves the actions in the Defense Industry on the Bucharest Stock Exchange in a red meeting in which no action in Bet was plus. The shares of the companies in the defense industry in Bucharest, strong increases on Tuesday: Aerostar, plus 10%, and Brasov plus 12%, Craiova Plus Plus 17%, Turbomecanica Plus 7%

The actions of companies related to the Romanian defense industry and which could benefit from the increase of expenses in this sector, as the European authorities promised, were significantly appreciated in the afternoon of the meeting on Tuesday, one day after a similar rally included the European Defense sector. Thus, on Tuesday afternoon the Aerostar (ARI) shares, the largest company in the sector and producing, maintaining and repairing civil and military aircraft, were appreciated by 10%, at 9.8 lei and a capitalization of 1.5 billion lei. The transactions amounted to 237,000 lei for the 71% controlled company by Iarom SA – equally owned by Filip Grigore (Aerostar President), Doru Damaschin and Toncea Mihail. Evergent is another important shareholder of Aerostar, with 15%holding. The shares of Craiova aircraft (Avio), a state -owned company that produces and maintains aeronautical components, climbed by 17% on transactions of 222,000 lei for a capitalization of 150 million lei. Important appreciations were also registered in the case of IAR Brasov (12%) and turbomecanica (6%). «We see on Tuesday a strong growth of actions related to the defense industry – Avio, IARV, ARS and TB, which has a direct connection with the appreciation of the main companies in the Defense Sector in Europe. Evolution comes with a certain delay compared to European profile companies (Rheinmetall is a good example), but it is probably also related to the recent US decision to cease new weapons to Ukraine, which means the strong involvement of the European defense industry in the production of armament for the logistics support of the war in our immediate vicinity, «says Gabriel.
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