Embraer opens office in Budapest
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Brazilian aircraft manufacturer Embraer opened an office in Budapest on Friday, according to a report by state news wire MTI.
With the opening of the office, which will serve as an administrative hub for projects development in Central and Eastern Europe, Embraer said it aims "to foster cooperation in Hungary, which could result in future developments under new partnerships".
"Embraer is keen to increase its presence in Hungary and to expand our network with Hungarian high-technology representatives and other stakeholders, aiming to establish a deep and well-structured cooperation with some of the most qualified and innovative companies in the country," Embraer Defense and Security chairman-CEO Jackson Schneider said.
The office will employ Hungarian personnel, administrative and engineering staff that will work in close cooperation with Embraer's teams in Brazil.
Gáspár Maróth, Hungary's government commissioner for defense industry developments, said the office, which opened next to the Budapest University of Technology and Economics (BME), is of "great significance" for Hungary's industrial development.
Last year, the Hungarian Army agreed to buy two Embraer KC-390 military transport aircraft for delivery late in 2023 and early in 2024.
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