EMCC European Monitoring Centre on Change

Xeos

Company/Organisation:
Xeos

Geographic Location

Country: Poland
Region: Dolnoslaskie; Poludniowo-Zachodni
Location of affected unit(s): Środa Śląska

Company

Sector: Manufacturing
Manufacture of transport equipment
30.30 - Manufacture of air and spacecraft and related machinery

Employment Effects

Announcement Date: 05-12-2016
Type of Restructuring: Business expansion
Employment Effect Start: 05-12-2016
Foreseen End Date: 31-12-2017
Planned Job Creation: 120

Additional Information

Xeos, a joint venture created by Lufthansa and General Electric, has announced that it will create 120 jobs at the factory in Środa Śląska (Legnica Special Economic Zone, Poland) by the end of 2017; in total about 500 positions are expected to be created by the end of 2022.

The factory is expected to be operational in September 2017, but Xeos is to start a recruitment process in December 2016 as the company plans to provide special training for hired employees in 2017. The company has revealed that the training programme will cost EUR 15 million as Xeos needs highly qualified workers.

The company plans to invest EUR 250 million in the aircraft maintenance plant: the plant will deal with servicing and maintenance of GE’s engines and it will specialise in servicing GEnc28 used in Boeings 747-8 and as of 2021 the plant will also deal with GE9X engines used in Boeing 777X.