Airbus Offers Poland Joint Ventures, No Urgency In Share Stake

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Airbus Offers Poland Joint Ventures, No Urgency In Share Stake

by Wochit 0:47 mins

Airbus Offers Poland Joint Ventures, No Urgency In Share Stake

by Wochit 0:47 mins

Airbus Group is interested in setting up joint ventures to support the Polish defense industry but has downplayed the question of Warsaw taking a direct shareholding in the European aerospace group. In December, the Polish government said it would consider buying a stake in Airbus Group, then known as EADS. Polish media have said the east European country is interested in taking a 1-2 percent stake in Toulouse, France-based Airbus Group. Talk of integration expanded in July when the head of the company's helicopters division told Reuters that Poland could become Airbus's fifth core nation alongside Britain, France, Germany and Spain, in a partnership designed in part to support its bid for a military helicopter contract.

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