EADS wants production facility in Romania

Newsroom 07/12/2009 | 14:48

The economy minister, Adriean Videanu, said in November that EADS intended to produce components for Airbus planes at the aerospace industrial park in Ghimbav. The government would give EUR 5-7 million as state guarantees for this investment.

The state could also give financial support of EUR 43 million to EADS group, in order for it to develop an aerospace technological park on IAR Brasov land, a project that involves EUR 92 million of investment.

This project would create 700 new jobs in the high-tech aerospace field in Romania and generate a cumulated turnover of over EUR 700 million in the next ten years.

Anda Dragan

BR Magazine | Latest Issue

Download PDF: Business Review Magazine November 2023 Issue

The November 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Mastercard On a Mission to Build an Inclusive Digital Economy”. To
Newsroom | 27/11/2023 | 17:41
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue