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Jun 17, 2022 16:32 EEST
June 17 (SeeNews) - Austria-based aircraft parts manufacturer FACC said on Friday it plans to increase the workforce of its high-tech plant in Croatia's Jakovlje to some 600 employees by 2025.
Currently the plant for manufacturing cabin components for business jets and commercial aircraft employs 170 people, the company said in a press release following the inauguration of the plant.
“Expansion stages 2 and 3, which will see a threefold increase in the size of the plant, will be started with immediate effect,” FACC said without elaborating.
After a construction period of 10 months, the new plant launched operations in December. FACC's new production facility in the Zagreb county is the company's biggest greenfield investment outside Austria so far.
The total investment volume of the first construction phase plus the cost of the land amount to approximately 15 million euro ($15.7 million).
FACC plans that its overall investment in the plant would reach 40 million euro, according to Croatian state-owned broadcaster HRT.
The FACC group is owned by Aviation Industry Corporation of China (AVIC) and manufactures components for aircraft wings, tail assemblies and fuselages as well as engines and cabin interiors for all major aircraft makers.
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