A new large factory of airplane parts and engines will be opened in South Banat or Srem by MTU based in Munich.
The German aviation engineering giant has been operating for 85 years and it has about 10,000 employees around the world.
“This is a big day for our country. State-of-the-art aircraft industry has arrived in Serbia. A third of all the aircraft in the world has parts produced by the MTU factory. This is a great project for us. A project that means a new high-tech life. Serbia is returning to the sky of the global and European aircraft industry,” President Aleksandar Vucic said after the meeting with the leaders of this German giant.
Vucic announced that a contract for the construction of modern plants will be signed in June. According to him, production will be launched in Stara Pazova, where the factory will be built.
As the president of Serbia announced, in the first phase, there will be about 450 employees.
“The aircraft industry is growing in the world. And it will continue to grow. These people from MTU are not concerned at all. They know that they will have a market in the next 30 or 50 years. They have long-term strategies. They will not leave our country in the next 50 years. This is important for us because it takes us into a higher economic league,” Vucic said.
According to him, this is a great victory of Serbia.
MTU develops, manufacturers and provides service support for military and commercial aircraft. MTU Aero Engines was formerly known as MTU Munich.
They are well known on the market for the production of 14 commercial and 9 aircraft engines. In addition to the Munich plant, they also have production plants across the world.
Their factories are located in Rocky Hill (USA), Vancouver, Poland, China and Dallas, Texas (USA).
During its rich history, MTU has been a factory that manufactured engines for BMW, MAN…