European Bank for Reconstruction and Development (EBRD) provides €25 million investment for Romania's aerospace sector
---
**European Bank for Reconstruction and Development (EBRD) Invests in UACE**
The European Bank for Reconstruction and Development (EBRD) has provided a €25 million loan to Universal Alloy Corporation Europe (UACE), a leading aerospace manufacturer based in Maramures, Romania. This investment marks a continuation of EBRD's support for UACE, which received a €10 million loan in 2012. The tenor of the latest loan was not disclosed.
**UACE's Success and Impact**
UACE's success has been recognised with a Best Performer Award in aerostructure and materials by Airbus in 2015. The company supplies leading aircraft manufacturers such as Airbus, Boeing, Bombardier, and Premium AEROTEC. The EBRD investment will enable UACE to increase capacity across all activities, meeting the growing demand in the air transport industry.
**Modernising Romania's Aerospace Sector**
EBRD's funding will support the modernisation of UACE's manufacturing technologies, improving management systems, and aligning operations with international aerospace standards. This modernisation enhances product quality and reliability, positioning UACE as a competitive player in the global aerospace supply chain.
**Job Creation and Skills Development**
The investment will generate skilled jobs in engineering, manufacturing, and quality control, boosting Romania’s aerospace workforce. Additionally, the loan will support the training of local staff at UACE, further developing Romania’s aerospace expertise.
**Foreign Direct Investment (FDI) Attraction**
The investment by EBRD is also intended to drive foreign direct investment in Romania. This partnership with UACE demonstrates EBRD’s confidence in Romania's aerospace industry and business environment, attracting further foreign investors.
**UACE's Global Footprint**
UACE, part of the Swiss-Austrian Montana Tech Components group, is among the world's four leading producers of metal aerospace parts. The company's integration into global aerospace value chains increases Romania’s visibility and reputation as an aerospace hub.
**Regional and EU Strategic Implications**
The EBRD investment in UACE bolsters the competitiveness of Romania's private sector and aligns with broader EU goals of developing advanced manufacturing and high-skill industries in member and partner countries. Romania benefits from enhanced regional competitiveness within Central and Eastern Europe.
---
**Summary**
The EBRD investment in UACE acts as a catalyst for the modernization and expansion of Romania’s aerospace industry by injecting capital, technology, and best practices. This contributes to job creation, improved global competitiveness, and integration into international aerospace value chains. Additionally, EBRD’s involvement boosts investor confidence, attracting greater foreign direct investment into Romania’s aerospace sector and related industries. Overall, this partnership accelerates Romania’s positioning as a strategic aerospace hub in Europe.
- EBRD's investment in trade finance for UACE, a leading aerospace manufacturer, will aid in the emerging markets of technology and aerospace, as UACE supplies leading global manufacturers.
- The modernization of UACE, facilitated by EBRD's investment, will enable the company to meet the growing demand in the trade finance industry, expanding its footprint not only in Romania, but in the global aerospace supply chain.
- As UACE integrates into global aerospace value chains, it serves to attract foreign investors interested in trade finance and technology, boosting Romania's standing as a strategic hub for these industries in Europe.
%20provides%20%E2%82%AC25%20million%20investment%20for%20Romania's%20aerospace%20sector){kind=link}