Sikorsky Black Hawks to touch down in PZL Mielec

However, there was a leak of information recently that American Sikorsky Aircraft will begin production of its Black Hawk helicopters in the domestic plants of PZL Mielec. "We have signed an agreement on strategic cooperation with Sikorsky Aircraft," revealed Pawel Brzezicki, the president of ARP, which owns the plant in Mielec. This information was later confirmed by the Treasury and Economy Ministries. "Our target is to take over shares in Mielec," said the head of Sikorsky Aircraft, Jeffrey Pino. By the end of this year the American investor could acquire a 100% stake in the producer, which would make it the second large privatization in the domestic aircraft-production sector, after United Technologies Corporation took over the PZL Rzeszów plant a few years ago. The value of the potential transaction was not revealed, however the estimated investment could be between zl.200-300 million. (Puls Biznesu, p. 9) A.K.