Monday, April 6, 2015

Embraer will invest “more and decisively” in Portugal, announces … – publico

                 


                         
                     

                 

 
                         

It was with a self-laudatory speech and election campaign hints that Paulo Portas visited Monday OGMA-Indústria Aeronáutica de Portugal – celebrating on Monday the 10th anniversary of its privatization – and which process was decided when protected the defense. The official said, without giving details, that the Brazilian Embraer “is preparing to invest more and decisively in Portugal.”


                     


                         Near the end of a speech of more than a quarter of an hour in a hangar with two ministers, ambassadors, guests and workers, the deputy prime minister said not want to “betray any commercial secret,” but added, quoted by Lusa, that the new investment will strengthen the company’s ability to “manufacture and build” and increasing the number of jobs, orders and exports.

Before, made the history of its decision to privatize OGMA when I was there Soon the Ministry of Defense, and praised the results, with the numbers of the company’s operation currently

“I had two possible paths in this regard:. the easy way – I was only a few weeks ago in the Ministry – was to say: ‘I do not have any responsibility for, the situation that the company reached is certainly not my doing, it will be very difficult to find a solution and therefore it is best to give reason to the things themselves’ and let close. And had the hard way, with no success guaranteed to match and with much controversy, certainly, “described Doors.

His decision was the second, he said. “Changing the way management of OGMA – that should be managed by professional management; to the restructuring that was necessary to save the company; find an almost treasury financing that does not allow the interruption of the fundamental duties of the company towards its employees; think of the internationalization of OGMA; take a privatization model in which the state was present but where OGMA fetch international partners to enable it to take the flight of globalization. “

which added the intention of having a group with OGMA scale, where not only do maintenance and repair, but who spent also have construction and manufacturing of components and segments.

“Do OGMA’s point of view was the only way possible, because already of the State Portuguese had huge financial difficulties. And OGMA need to industrialize with modernity, to internationalize, better train their employees to invest in equipment, the country would be alone enough money to secure these investments over the decade now, “argued Paulo Doors

The solution was mixed:.. privatization where the Portuguese State holds a stake because of the services that the company provides to the Portuguese Air Force

The result of 10 years was one company with more turnover and more export. In 2005, the company invoiced EUR 117 million and is now close to 170 million; at the time exported EUR 77 million, today this share is in 150 million. “Today OGMA is integrated with Embraer and is no longer just Alverca. It Alverca more business units that are in Évora “, stressed Paulo Portas, this afternoon on Monday also visit the facilities in the Alentejo.

” OGMA maintains its quality certifications to produce or work for international aviation giants like Embraer and Rolls Royce, Lockheed Martin, Airbus, or as to Pilate. None of this was lost. OGMA continues to provide impeccable service to the Portuguese Air Force, “he added. With Lusa

                     
 
                     
                 

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