AETA SA
BBVB:ELGS0.24
RON
+0.01
(+2.56%)
ISIN
ROELGSACNOR6
Return %
Stock
S&P 500
1Y
-0.83
14.20
3Y
15.38
81.12
5Y
-52.61
68.34
Capital Structure
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RON
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in mil. unless spec.Growth Rates
RON
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in mil. unless spec.Quarterly Revenue
RON
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in mil. unless spec.Quarterly Earnings Per Share
RON
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in mil. unless spec.Quarterly Dividends Per Share
RON
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in mil. unless spec.Company Description
- CEO
- Valentin Nicolae Caramida
- Full Time Employees
- 52
- Sector
- Consumer durables
- Industry
- Electronics/Appliances
- Address
- Bucharest Romania
- IPO Date
- Jun 30, 1997
- Website
- electroarges.ro
- Similar Companies
- Business
- AETA SA, formerly known as Electroarges SA, is a Romania-based manufacturing company specializing in the design, development, production, and assembly of small domestic electrical appliances, industrial electro-mechanical equipment, and technical components. Founded in 1971 and headquartered in Curtea de Arges, Romania, the company operates across the consumer goods, industrial manufacturing, and electro-technical sectors. AETA SA structures its business around finished appliance assembly, precision plastic injection molding, electric motor manufacturing, and industrial subcontracting services. The company's core product and service portfolio encompasses small household and commercial appliances, including dry and wet vacuum cleaners, commercial floor cleaning systems, kitchen food processors, blenders, and coffee grinders; electro-mechanical components and sub-assemblies, including fractional horsepower electric motors, universal motors, stator and rotor assemblies, vibration pumps, and customized wire harnesses; technical plastic and metal components, including high-precision injection molded housings, stamped metal parts, and specialized tooling and dies; and comprehensive contract manufacturing services, including original equipment manufacturing (OEM), original design manufacturing (ODM), customized assembly, prototyping, technical testing, and quality assurance. AETA SA serves consumer retail, commercial cleaning, automotive, and industrial electronics clients across Romania, the broader European Union, and international markets. In recent operational developments, the company executed a corporate reorganization and rebranding from Electroarges SA to AETA SA to support a modernized commercial strategy. Following the phase-out of its long-term OEM manufacturing partnership with Kärcher, AETA SA implemented a strategic realignment focused on expanding third-party contract manufacturing partnerships across European markets, growing its proprietary-branded domestic appliance business, modernizing its automated injection molding and assembly infrastructure, and optimizing its asset base through the rationalization of non-core industrial real estate holdings.