Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Airbus and IAR have signed the Final Collaboration...

Airbus and IAR have signed the Final Collaboration Agreement for 15 years, for the H215M helicopter

November 8, 2018

According to the document, IAR is the exclusive partner of Airbus to manufacture the IAR-H215M helicopter in Romania   On November 6, 2018, Airbus and IAR Ghimbav signed the Final Exclusive Collaboration Agreement for 15 years, a document whose principles have been established by signing an initial agreement on August 24, 2017, in Bucharest, in the presence of the French and Romanian Presidents. According to the Final Collaboration Agreement, IAR is the main contractor for H215M, for any future order from the Romanian Ministry of Defense aimed at replacing the aging fleet. The agreement reflects the joint commitment of Airbus and IAR to contribute to the modernization of the multirole helicopter fleet. The document provides a tight collaboration in the next 15 years, Airbus being the exclusive partner of IAR in the aeronautic cluster from Ghimbav, Brasov County. “We have proudly supported Romania for almost 50 years, not just through helicopter assembly and maintenance activities, but also by permanently investing and contributing to shaping the aeronautic industry through unique educational programs for the young generation. Now, we look to the future through this partnership with IAR for the H215M helicopter, prior to any decision of the Romanian government to implement our cooperation and deliver a truly efficient multirole helicopter in terms of costs, produced in Romania, to the Romanian Ministry of Defense”, stated Olivier Michalon, Senior Vice President for Europe of Airbus Helicopters. “By signing this final agreement today, we take our partnership to a higher level. We share a rich history and we are eager to develop what we succeeded to do together until now. We are glad that Airbus is a solid partner, willing to continue to invest in Romania. We need involvement, know-how and modern technology in order to develop the Romanian aeronautic industry and to meet the requirements of the Ministry of Defense regarding the helicopters, and Airbus is here for a long term. We believe that the IAR-H215M helicopter is the best solution for the Romanian aeronautic industry, for the Ministry of Defense and for other clients from all over the world. IAR and Romania are eager to become helicopter producers again. This agreement is a new chapter of the collaboration between France and Romania in the aeronautic industry”, stated Neculai Banea, the General Manger of IAR. Airbus and IAR are partners since more than 15 years in the company Airbus Helicopters Romania (51% Airbus, 49% IAR), a successful maintenance and repair service center for a wide range of civil and military helicopters from Romanian and other countries. 75% of the Airbus Helicopters Romania turnover is given by the export agreements. In 2016, the plant Airbus Helicopters Industries was inaugurated for the production of H215M helicopters. H215M is a robust helicopter with 2 engines, certified by EASA and FAA, which includes state-of-the-art technologies and capabilities. Due to its size, reliability and level of availability for flight, H215M is the ideal helicopter for utility missions in extreme environments and on the battlefield. The relationship between Airbus and IAR means more than 50 years of successful collaboration materialized in the production of more than 360 helicopters under Airbus license. Today, around 6,300 direct and indirect jobs in Romania are due to Airbus. Airbus shares technology and know-how with its partner, IAR, and gets involved in training the employees and educating the young generation. Around 150 students are learning in the aeronautic classes sponsored by Airbus at the “Transilvania” College of Brasov.     Photo, from left to right: IAR General Manager, Neculai Banea, and Airbus Helicopter Senior Vice President for Europe, Olivier Michalon)

The post Airbus and IAR have signed the Final Collaboration Agreement for 15 years, for the H215M helicopter appeared first on Nine O' Clock.

Read in full - click here
Institute for study of communist crimes urges Romanian authorities to act against rising pro-totalitarian nostalgia

The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”

Real estate developer AFI secures EUR 537 mln refinancing package for Romanian projects

AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]

Hidroelectrica faces scrutiny over alleged preferential electricity supply to politically linked firms

State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...

Romania’s Altex sketches strong expansion plans for Brico Dépôt after Raiffeisen-financed takeover

Altex Romania will develop in the following year the DIY chain Brico Dépôt by securing ownership of the rented stores, upgrading the entire chain, and opening three to five new stores per year after the transition year 2026, Altex founder, main shareholder, and CEO Dan Ostahie announced after his company took over the do-it-yourself chain […]

Romania's government appoints heads of agency for monitoring state companies AMEPIP

The government announced it selected, on November 27, a president and two vice-presidents for the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP). The action was a milestone under the Resilience Facility due November 28, after the expiry of the six-month extra time allowed by the European Commission, with a EUR 330 million […]

Romania operates second budget revision, keeps deficit target at 8.4% of GDP

Romania's Ministry of Finance published for debate the draft emergency ordinance (OUG) on the second budget rectification of this year on the evening of November 27. According to the document, the general government budget deficit will remain at 8.4% of GDP, Hotnews.ro reported.  Central government budget revenues for...