Premium Aerotec plans to make the move through company Aerospace Technology Park.
“IAR SA has received a request from SC Aerospace Technology Park SRL to extend the area that is part of its contract by another 10 ha next to the current area and under the same financial terms. The latter plans to build a new industrial facility and to extend the current ones so that Premium Aerotec Romania can extend its production of aircraft components for Airbus,” says Neculai Banea, general manager of IAR Ghimbav. Representatives of Premium Aerotec could not be reached for comment.
While the turnover of IAR Ghimbav dropped to EUR3.3 million in the first nine months of this year from EUR55 million in 2008, Premium Aerotec has reached turnover of EUR32.2 million after just 2 years of activity on 6 ha rented on the industrial platform of IAR Ghimbav, central Romania. Premium Aerotec expects turnover of EUR40 million this year.
(English version by Daniela Stoican)