The international technology group RUAG is opening a new site for the production of aerostructures in Eger (Hungary). Over the next years, the company will employ more than 180 members of staff in Eger and will have invested more than EUR 6 million.

The new production site in Hungary is an integral part of RUAG Aerostructures capacity and capability plan and will also support competitiveness at the other two production sites in Emmen (CH) and Oberpfaffenhofen.

In a joint press conference, Peter Szijjarto, Hungary's Minister of Foreign Affairs and Trade, CEO RUAG Group Urs Breitmeier and CEO RUAG Aerostructures Alexander Toussaint announced today the opening of the new RUAG Aerostructures facility in Eger. Minister Peter Szijjarto emphasised the strong partnership with RUAG. Over the next years, more than 180 employees will manufacture sub-assemblies and components such as side shells, seat rails and frames for emergency exits for the Airbus A320 programme and the Bombardier CRJ programme. The total investment in Eger equates to EUR 6.15 million in 2016 and 2017.

The growing world economy, population and demand for passenger and cargo air traffic are the key drivers for increased aircraft production. With outstanding quality and on-time delivery records, RUAG Aerostructures convinced their main customers Airbus and Bombardier to grow the cooperation in Hungary, and thereby raise performance to the next level. The production site in Hungary is aimed at expanding the capacities, which will bring competitive advantages to all three RUAG Aerostructures locations. Alongside Emmen (Switzerland) and Oberpfaffenhofen (Germany), Eger (Hungary) is the third RUAG Aerostructures location. During the past year, RUAG Aerostructures has invested a total of roughly EUR 13 million in all three locations to create and modernise the manufacturing infrastructure.

Urs Breitmeier, CEO RUAG Group, is delighted with the opening of the new site in Eger: "The competitiveness of RUAG Aerostructures will increase even further thanks to the facility in Eger. RUAG Aerostructures will keep investing in Hungary and introduce measures to increase productivity."

Investments totalling EUR 1 million in Sirok

RUAG is also planning additional investments at its Hungarian Sirok location by the RUAG Ammotec division. The focus of the investments will be modern weapons systems (short and long-range) for hunting and shooting sports as well as for authorities and law enforcement. As part of the expansion of the production capacities, in 2016 more than EUR 1 million was invested at the Sirok location in buildings, machinery and a modern Enterprise Resource Planning system (ERP).