On 20 November 1909, the "Cerchez & Co." company was registered at the Ministry of Industry and Trade, based at
Chitila near
Bucharest. The inauguration of the complex took place on 11 June 1910. On the same day, a telegram was addressed to the Ministry of War, requesting support for developing the construction of aircraft at Chitila. This was the first official document issued in Romania for the aeronautics field. In April 1911, the Ministry of War ordered 4 Farmans from the workshops of Cerchez & Co, this order was followed by another for 2 more Farmans. The first officers also started their pilot training, with
Sublocotenent Ștefan Protopopescu receiving the first pilot license in Romania and becoming the first pilot of the
Romanian Army. After the delivery of the last aircraft, the Ministry of War did not issue any new orders for aircraft construction and did not send new officers to the piloting school. At the initiative of Prince
George Valentin Bibescu, a military piloting school was set up in Cotroceni, and orders went to factories in France. At the end of 1912, Mihail Cerchez was forced to declare bankruptcy of the company. ==Legacy==