IAR Brasov will provide Airbus Helicopters a plot of land of 15,000 square meters in Ghimbav, Brasov county, based on a superficies contract, on which Vadstena (company registered by Airbus Helicopters in Romania), will build an industrial hall of 8,550 square meters to produce SuperPuma MK1 helicopters in Romania.
Airbus Helicopters, previously named Eurocopter, employs approximately 23,000 people worldwide, and operates in Romania via Eurocopter Romania, in which it owns a 51% stake, while the rest of the shares are owned by IAR.
IAR Brasov was established 90 years ago. In 1968, the plant specialized in the production of helicopters in partnership with Aerospatiale France, which is currently a Eurocopter subsidiary. The company is 64.9% owned by the Economy Ministry.