Serbia's new technological life thanks to 'MTU Aero Engines', Vucic says

Serbia's new technological life thanks to 'MTU Aero Engines', Vucic says

Serbia's new technological life thanks to 'MTU Aero Engines', Vucic says Izvor: Tanjug / Dimitrije Goll

Serbia's Economy Ministry said it signed a memorandum on understanding with the German 'MTU Aero Engines' company, a leading firm in maintenance of the 'Airbus A 320' plane V2500 engine, the FoNet news agency reported on Tuesday.

Goran Knezevic, Economy Minister, signed the memorandum on behalf of Belgrade, with company's member of the Executive Board Michael Schreyögg.

Aleksandar Vucic, Serbia's President, who witnessed the signing, said it was "a great project for Serbia's new technological life."

Vucic said Serbia's chances to bring Mercedes into the country were small, but that Belgrade was still fighting for that investment since, as he said, Serbia offered the best conditions.

 MTU Aero Engines headquartered in Munich has a business in 15 countries around the world. It employs 10,000 workers and has a yearly revenue of 4.6 billion Euros.

Schreyögg added MTU was among the first five aircraft motors' producers and the first in maintaining them with 700 clients around the world.

He said Serbia would be a centre for aeroplane motors' repairment and that the company would buy land for the purpose in summer, praising the investment climate and highly skilled workforce in the country which made MTU choose Serbia for the investment.

Vucic announced an agreement on a  company's investment in the vicinity of Belgrade, most probably in the northern town of Pazova, would be signed in June.

Comments (0)

Comment sent successfully.

Comment sending failed.

Invalid CAPTCHA

* All fields are required

MOST POPULAR

READ MORE

NEWS

NEWS

NATO boss: North Macedonia Alliance’s member by end of 2019 16:54 h

16:54 h  |  NEWS

NEWS

NEWS

RCC's Bregu welcomes Thaci's attendance of Sarajevo regional meeting 16:24 h

16:24 h  |  NEWS

NEWS

NEWS

Serbia’s police arrest 62 people across the country 16:20 h

16:20 h  |  NEWS

NEWS

NEWS

GRECO says Serbia fails to implement recommendations 14:36 h

14:36 h  |  NEWS

NEWS

NEWS

Average salaries almost 10 percent higher in April 14:20 h

14:20 h  |  NEWS

NEWS

NEWS

Government inflicts damage on United Group over objective media reporting 14:11 h

14:11 h  |  NEWS

NEWS

NEWS

Djilas, Vesic clash over flooding in Belgrade city assembly 13:30 h

13:30 h  |  NEWS

NEWS

NEWS

Nis university professors launch petition to oust Art School dean 13:05 h

13:05 h  |  NEWS

loader