Business

Serbia’s future aerospace industry gets flying start with MTU investment

German manufacturer MTU Aero Engines has chosen the municipality of Nova Pazova, in northern Serbia, as the location for a new engine repair facility, the company announced on June 19.

MTU will establish a parts repair shop with a capacity of approximately 400,000 repair hours per year, in addition to the 1.9 million repair hours MTU currently performs at existing facilities.

Construction of the new site, close to Belgrade airport, will begin in 2020, and is expected to be operational by 2022.

“Operational flexibility is key to providing competitive services to the global market. Including the name Serbia in our subsidiary’s brand underlines our confidence in becoming a valuable and committed industrial player in Serbia,” said MTU’s Chief Programme Officer Michael Schreyoegg (pictured above, right, with Serbia’s prime minister Ana Brnabić).

In May, MTU signed a memorandum of understanding with the Serbian government, opening the way for investment in a new plant in the Belgrade region.

“MTU Aero Engines is our partner of choice in forming the nucleus of the future aerospace industry in Serbia. We intend to create a dedicated aerospace cluster around MTU’s investment and we are looking forward to attracting further partners. Highly skilled and motivated people are our key asset in establishing Serbia as an attractive location for the global aviation industry,” said Ms Brnabić.

MTU Aero Engines produces low-pressure turbines, high-pressure compressors and turbine center frames. It says that around 30 per cent of today’s active aircraft in service worldwide have its components on board, and that it is among the world’s top five service providers for commercial aircraft engines and industrial gas turbines.