# Magnus Aircraft to complete composite parts plant expansion by end of summer

Magnus Aircraft will complete construction of a 5,000 sqm composite parts plant at its base near Pecs-Pogany airport in Hungary by the end of summer 2019. The expansion is part of a HUF5.2 billion project, with HUF2 billion in government grants.

- Type: Expansion
- Announced: 2019-04-18
- Where: Pecs-Pogany, Hungary, Hungary
- Value: $18.0M (5.20B HUF)
- Jobs: 70
- Starts operating: Sep 2019
- Status: under construction
- Capacity: 5,000 sqm
- Products: composite sports aircraft, electric aircraft
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Magnus Aircraft](https://endata.com/companies/38883.md)

## Sources

- [intellinews.com](https://www.intellinews.com/hungary-s-electric-sports-aircraft-maker-expands-production-160026/), 2019-04-23: "Hungary's Magnus Aircraft will complete construction of a 5,000 sqm composite parts plant by the end of summer to boost production of its flagship composite sports aircraft, the company announced on April 18."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.