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Blog by Michael Clay

EU Funds For World’s Most Modern Aircraft Engine

Michael Clay - Tuesday, September 01, 2009
The Polish Agency for Enterprise Development (PARP) signed an agreement last Friday with Avio Polska under which the company will be granted EU Funds within the Innovative Economy Operational Programme.

Avio Polska will use the funds to construct a production technology line of a module for an aircraft engine GEnx-2B, the most modern device of the kind in the world.

The new engine is planned to be used in the long distance aircraft family of Boeing 747-8, which is to substitute the so called Jumbo Jet - the biggest passenger aircraft produced by the American Boeing.

The overall value of the project hovers around 100 million zloty. European financial aid should cover 33million zloty.

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