Belgian company Sonaca has inaugurated a factory in Moldovenesti, Cluj county, where it will produce components for the Airbus A320 aircraft.

The investment amounts to RON 52 million (EUR 11.8 million) and will lead to the creation of 200 jobs in the next years.

The investment has been carried out by the firm Sonaca Aerospace Transilvania. The company has received a state aid of RON 24.1 million (EUR 5.4 million).

The construction of the plant took 18 months and the first production lines became operational in mid-September 2016. The factory currently has 30 employees.

Alexandru Petrescu, the Minister for the Business Environment, took part in the inauguration last week. He said that the Belgian firm didn’t invest in Romania only because the country has cheap labor force. The minister explained that the support of the Government and of the local authorities was also important. He added that the aerospace industry in Romania has room to grow.

“The Romanian aerospace area is generous,” Petrescu said. “We need to bring European and world players.”

editor@romania-insider.com

(photo source: Akexandru Petrescu on Facebook)