Brazilian aircraft manufacturer Embraer announced Friday the opening of an office in Budapest, the capital of Hungary. The main objective is to foster cooperation in Hungary, which could result in future developments under new partnerships. The office also creates an administrative hub for projects development in Central and Eastern Europe.
See also: Embraer posts its first quarterly profit since 2018.
“Embraer is keen to increase its presence in Hungary and to expand our network with Hungarian high-technology representatives and other stakeholders, aiming to establish a deep and well-structured cooperation with some of the most qualified and innovative companies in the country,” said Jackson Schneider, President and CEO of Embraer Defense & Security.
This initiative is part of Embraer’s strategy to establish new partnerships in select markets. Some of the key aspects of this future cooperation are the collaborative efforts with new partners, long-term projects, and investment in reliable dual-use technology.
The office will employ Hungarian personnel, administrative and engineering staff that will work in close cooperation with Embraer’s teams in Brazil.
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