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2013-09-11 00:00:00
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Taiwan Taipei China has a long-standing cooperation with the EBRD, with its first technical cooperation (TC) fund established in 1991. It has contributed over €24 million for technical cooperation, which is now channelled through the TaiwanBusiness – EBRD Cooperation Fund.Our work
In Depth: Taipei China and the EBRD
Germany's leading engine manufacturer MTU Aero Engines Holding AG, declared it will be developing its facility in Rzeszów in the south of Poland : MTU Aero Engines Polska , located within the Polish Aviation Valley, will build a new, 9 ,200-square-meter development, this is going to expand the development area by 50 % . The entire investment for the project is expected to total forty million euros .
MTU Aero Engines' Chief Executive commented: "The growth of our Polish subsidiary is all part of MTU's investment and expansion strategy, pretty much in the same manner as the new blisk manufacturing shop we built-in Munich also the logistics hub we put in place in Hannover. By investing and developing in this way, we put in the strong foundations for the increasing production and increased capacity ramp-up for the geared turbofan programs ."
The modern buildings will house the shop floors, in which the work connected to the increase of MTU's stake in the V2500 for the Airbus A320 would be carried out. Presently, these functions are carried out in rented buildings. Additionally, plans are to strengthen the low-pressure turbine assembly activities and focus them in the Polish production plant, in order to further boost research and development of the Polish plant .
MTU Aero Engines Polska was established near Rzeszów Airport on a piece of land 7 hectares in size in 2009 . The development work on the new building will start in the autumn of 2013, production is destined to be up and running towards the end of 2014 and running at full capacity by 2017. It's expected that over 250 new jobs will be created in Rzeszów plant by 2020 as a consequence of the investment of MTU Aero Engines Holding AG in its important production facility in Poland .
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