Austria's FACC starts construction of aircraft parts plant in Croatia
Austrian aerospace and defense company Fischer Advanced Composite Components (FACC) has started the construction of a EUR 33 million aircraft parts manufacturing plant in Croatia's Jakovlje, near the capital Zagreb, local media reported on Wednesday, news portal SeeNews wrote citing a report by local media outlet.
The factory, whose construction began in December, will initially employ 450 people, news daily Poslovni Dnevnik reported, citing Sanja Borovec, mayor of Jakovlje. FACC will operate in Croatia under the name FACC Solutions Croatia, according to the report.
FACC announced the investment in May, 2019, when it said it has selected Jakovlje for the construction of a 12,200 sqm facility that will produce lightweight cabin components for commercial and business aircraft using new fiber composite technology. When fully operational, the factory will employ 600 people, the company said in a statement at the time.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.