Monday, March 2, 2015
Aircraft maintenance company SR Technics from Switzerland, owned by the Abu Dhabi-based Mubadala Development Company, has announced plans to downsize its operations in Zurich and open a base in Belgrade. SR Technics is one of the leading aircraft maintenance, repair and operations (MRO) providers in Europe with some 500 airline customers. In a press release, SR Technics said, “A range of factors - including the impact of currency fluctuations and the high cost of providing certain services from our Swiss base - are requiring us to adapt in order to meet the evolving needs of our customers. As a result of current economic factors and the changing dynamics of the MRO market, SR Technics will commence a consultation process in relation to up to 250 current and open administrative positions in Zurich over the next twelve months. At the same time SR Technics will establish a business process centre located in Belgrade, Serbia”. The move is seen as a possible introduction to Mubadala’s takeover of Serbia’s state-run maintenance company Jat Tehnika. Mubadala, which is owned by the government of Abu Dhabi, expressed interest in purchasing Jat Tehnika in November 2013. Mubadala and a group of investors from the UAE bought SR Technics in 2006 for 1.3 billion dollars.
Aircraft maintenance company SR Technics from Switzerland, owned by the Abu Dhabi-based Mubadala Development Company, has announced plans to downsize its operations in Zurich and open a base in Belgrade. SR Technics is one of the leading aircraft maintenance, repair and operations (MRO) providers in Europe with some 500 airline customers. In a press release, SR Technics said, “A range of factors - including the impact of currency fluctuations and the high cost of providing certain services from our Swiss base - are requiring us to adapt in order to meet the evolving needs of our customers. As a result of current economic factors and the changing dynamics of the MRO market, SR Technics will commence a consultation process in relation to up to 250 current and open administrative positions in Zurich over the next twelve months. At the same time SR Technics will establish a business process centre located in Belgrade, Serbia”. The move is seen as a possible introduction to Mubadala’s takeover of Serbia’s state-run maintenance company Jat Tehnika. Mubadala, which is owned by the government of Abu Dhabi, expressed interest in purchasing Jat Tehnika in November 2013. Mubadala and a group of investors from the UAE bought SR Technics in 2006 for 1.3 billion dollars.
Finally we will see some big birds regularly in BEG - even if for maintenance :)
ReplyDeleteGood news.
ReplyDeleteThumbs up! Let's go Belgrade!!!
ReplyDeleteSjajna vest. Jel zna neko kada Jat tehnika raspisuje tender za prodaju?
ReplyDeleteNe daj Bože, dosta je više Arapa i Engleza!
ReplyDeletePazi, ne mora Jat tehnika da se bavi svojim poslom, uvek mogu da se gaje pecurke u hangarima...
DeleteNemoj da zaboravis susenje mesa na povetrini... samo prodaj... od nasih se leba nece najesti...
DeleteBravo Anonymous-i, samo vi balavite na arape i engleze i priče iz ErSrbije! Čim tako pišete, niste iz branše! Over and out!
DeleteMabudala buying Jat Tehnika... LOL
ReplyDeleteA šta je smešno?
DeletePa vidis kako je napisao Mubadala ;)
DeleteTacno Ma budala, ha ha ha!
ReplyDeleteDoes somebody recognises this MLG door?
ReplyDeleteIt's the Super Connie, sponsored by SR Technics...