Belgian aerospace company Sonaca signed
an 8.5 million Euro loan with the European Bank for Reconstruction
and Development for the expansion of the production facility on
Romania. The plant, located in Cluj county, will produce wing
components for aircraft manufacturers such as Airbus and Embraer.
The new plant will be completed in two years.
Sonaca Aerospace company, is an 80 year
old group operating in the areas of development, manufacturing,
assembly and testing of aerospace metallic and composite structures
and their associated systems, managed to also get state aid funds
totaling 5,4 million EUR in mid September 2015, in order to open the
new facility in Romania.