Saab Aerostructures extends Industrial Cooperation with Romania

Saab Aerostructures and the Romanian aircraft manufacturer Romaero have signed a long-term agreement regarding cooperation in the manufacture of subassemblies and components for the aircraft industry.

“This is an important moment for the relations between Saab and Romaero
and it proves our confidence in the capabilities and skills of our Romanian partner”, said Mr.Torbjorn Edberg, senior Vice-President , Saab International during the well attended press conference in Bucharest the 26th of April.

The signed agreement is a step forward in establishing a strategic alliance between Saab AB and Romaero and the strengthening of the commercial relations between the two companies.

“The value of the contract is amounting to around $5 million for the next five to seven years. It is a framework contract for an unlimited value, depending on the production capacity of Romaero,” said Mr. Mikael Heelge, Vice President and Head of Procurement, Saab Aerostructures.

Saab and Romaero working together represent the first step taken by Saab in establishing commercial viable industrial relations with the Romanian aerospace sector. The first step, initiated and concluded a few years back, was the support and service agreement with Carpat Air in Timisoara operating an impressive fleet of Saab regional aircraft, Saab 340 and Saab 2000.

Back to CNB 2/2006