Aerostar S.A, the Romanian aerospace company, is demonstrating continued strong growth in its commercial aircraft MRO business and is planning a further expansion to meet customer demand. The company is in the final stages of negotiating with the airport authorities at Iasi in northern Romania to build a new four-bay MRO hangar for Airbus A320 family and Boeing 737 Classic and New Generation overhauls and anticipates this new facility will open for business in the summer of 2019. The new facility is 130km north of Aerostar’s exiting business operations at Bacau. Since diversifying into commercial aviation MRO activities nearly 13

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