MTU Aero Engines to arrive to Serbia, probably to Stara Pazova – German producer to employ 450 workers

A large new aircraft software, component and engine plant in Serbia will be opened by the Munich-based company MTU.

After the Memorandum of Understanding was signed between the Ministry of Economy and MTU Aero Engines AG, Serbian President Aleksandar Vucic pointed out that a state-of-the-art company had arrived to Serbia and that each third aircraft in the world contained the manufacturer's components.

Vucic also said that the agreement on the construction of the facilities was signed in June. As he says, the production will probably be initiated in Stara Pazova, where the factory is to be built.

He also added that 450 people should be employed in the first phase and that he hoped that many more would be employed later on.

MTU is one of the 5 best providers of services of maintenance of commercial aircraft engines and industrial gas turbines. One third of the global fleet of passenger planes relies on components delivered by this company. In the military sector, MTU Aero Engines is the leading industrial partner for nearly all engine types used by the German armed forces. MTU runs offices through the world, and the company's headquarters are located in Munich.

The company is present in 15 countries of the world, including Great Britain, France, the Netherlands, Poland, the USA, Canada...

Among other activities, it designs, develops, produces and provides support for engines for commercial and military planes.

MTU has a leading role in providing services of maintenance for the V2500 engine, which powers Airbus A320 planes and is used by Air Serbia, among others.

The company was founded in 1934 in Munich, has around 10,000 employees, and its annual income reaches EUR 4.6 billion, as shown by the data available on the company's website.

MTU Aero Engines AG

Ministarstvo privrede Republike Srbije

MTU Aero Engines

Ministry of Economy

MTU Aero Engines AG

MTU

Aleksandar Vučić

Airbus A 320

air industry

factory

German factory

aircraft engines