aircrafts

Czech AERO Vodochody, which own the auction for the sale of the majority stake in Romania’s aircraft maker Avioane Craiova, will produce parts and equipment for different types of aircrafts at the plant in Craiova, Teodor Atanasiu, head of Romania’s privatization authority AVAS, said Sunday.

Romanian aircraft maker Avioane Craiova will receive over EUR10 million from the development fund, to be set up by the end of April, to produce two or three IAR-99 SOIM aircrafts, Romania’s economy and finance minister Varujan Vosganian said Saturday.