Negociations

Companies  19 November 2008
Aero Vodochody to take over IAR

 Aero Vodochody to take over IAR

Igor Hulak, president of the Czech company Aero Vodochody, has visited on Tuesday IAR Ghimbav and carried on discussions with the administration and trade unions. Aero Vodochody is the single company that remained in race for taking over IAR, after AVAS excluded from negotiations Marcovici Capital Ltd. Israel. Igor Hulak stated that it was impressed by the organization of the society from Brasov. “However, the technology should be changed, starting with the production equipments and the ones that operate the chemical process or at least should be modernized the already existent ones. The investments will surely rise to about few millions of euro”, he says. “People shouldn’t be concerned because the aeronautic market has potential. We want to set up a centre in the domain of aeronautic production in the Southern-Eastern Europe”, Igor Hulak states. He added that he doesn’t intend on transforming the plant from Ghimbav in a real estate... citeste mai mult

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