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Latecoere To Build Aircraft Parts Center In Prague
Staff Reporters of THE WALL STREET JOURNAL
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PRAGUE (AP)--French producer of aircraft parts Latecoere SA (3227.FR) is planning to build a new center for development and production of parts for large transport planes, an agency said Thursday.
The government-sponsored agency CzechInvest said Latecoere is planning to invest more than EUR6.6 million in the center and create up to 150 new jobs.
Latecoere will build the center through Letov, a Prague-based company it acquired in 2000, CzechInvest said.
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