Huge investment: European aircraft maker inaugurates plant in Hungary

European aircraft maker Airbus inaugurated a HUF 2.2 billion (EUR 5.4 million) helicopter parts plant in Gyula, in south-eastern Hungary, on Thursday.

Addressing the inauguration, Technology and Industry Minister László Palkovics called the plant’s obtainment of a European Union Aviation Safety Agency (EASA) permit a “historic moment”, saying that “not many countries have such a licence.”

Construction of the plant began in December 2020. The 13,000sqm plant will make high precision metallic elementary parts for the dynamic systems of helicopters. The Gyula factory will serve as the sole point of supply of such parts for the entire Airbus family.

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Source: MTI