The Export Prize recognizes the exceptional commitment and success of Austrian enterprises in foreign markets. FACC was nominated for the second time in a row and was awarded the Export Prize 2019 in its category. The award ceremony took place yesterday at the Exporters' Nite in the MuseumsQuartier in Vienna.
FACC impressed the jury with its above-average export share and its strong presence in aviation growth markets. 'This award is a great honor for us,' said Robert Machtlinger, CEO of FACC, stressing the significance of the Export Prize as a special confirmation of FACC's successful international business. 'Our high-tech products are exported worldwide. I am delighted that distinguished personalities from business, politics and the media have now honored our successful corporate activities across national borders with the gold award of the Austrian Export Prize.'
Aviation growth boosts exports
The company exports aviation technologies for all major aircraft. As a technology partner to all major manufacturers, FACC works together with its customers on solutions for the mobility of the future. Worldwide, an aircraft with FACC technologies on board takes off every second. With an export quota of almost 100%, FACC enjoys outstanding international success and is a true model company in terms of exports. True to the motto 'From Austria to the entire world', FACC has successively expanded its international locations in recent years and now operates 13 sites in Europe, North and South America and Asia. The sustained long-term growth trend in the civil aviation industry is proving to be conducive to exports. The market forecasts of the OEMs assume a constant annual increase in passenger volumes of around 4.5%. As a result, approximately 40,000 new aircraft will be needed between 2019 and 2037. The Asia-Pacific region, in particular, is experiencing above-average growth. One in four aircraft produced worldwide is exported to China alone.
With its Chinese ownership structure, FACC is excellently positioned on the future aviation market. 'A strong global footprint is an important strategic element for FACC,' said FACC CEO Robert Machtlinger during the award ceremony, thereby underlining the international nature of the globally active aerospace group. 'Our primary goal is to strengthen the company's presence wherever our customers and their sales markets are located.'
The Austrian Export Prize
The Austrian Export Prize honors the outstanding commitment and success of Austrian companies in foreign markets. The Prize, which is awarded by the Austrian Federal Economic Chamber (WKÖ) and the Austrian Federal Ministry for Digital and Economic Affairs each year, recognizes significant contributions made by exporting enterprises to Austria's current account surplus. The jury of experts decides on the winners on the basis of assessment criteria such as successful market niche policy, the marketing of special services specific to Austria and innovativeness in the export market. 'For the 25th time in a row now, Austria's top exporters have taken center stage - because success deserves to be duly celebrated,' stressed Michael Otter, Head of Foreign Trade Austria at the Austrian Federal Economic Chamber. 'Our export trade set new records in 2017 and 2018. With their red-white-red successes on international markets, our companies are making a reliable contribution to further growth, job creation and prosperity in Austria,' Otter added.
FACC is a worldwide leading aerospace company in design, development and production of aerospace technologies and advanced aicraft lightweight systems. Being the technology partner of all major manufacturers, FACC works together with its customers on developing solutions for the mobility of the future. Every second, there is an aircraft taking off with FACC technology on board. In full year 2018/19, FACC achieved more than 782 million Euro in revenues. FACC employs 3,500 people from 38 nations and working in 13 countries worldwide. The company is listed in the ATX of the Vienna Stock Exchange and part of the Fortune-500 Group AVIC, providing access to the largest growth markets within the industry. For more information please visit facc.com.
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FACC AG published this content on 25 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 June 2019 11:13:02 UTC
FACC AG is an Austria-based company engaged in the aerospace and defense industry. The Company specializes in the manufacture of aircraft parts and components. It divides its business into three divisions: Aerostructures, Engines & Nacelles, and Interior. The Aerostructures division covers control surfaces, fairings and wing components. The Engines & Nacelles division provides engine and nacelles components. The Interior division offers interior design services for commercial aircraft, business jets/private jets, freighters and helicopters. The Companyâs services range from on-site support with field engineering, spares service, and repairs to assembly training of customer staff for components and systems delivered by the Company. The Companyâs products are manufactured at four production sites in Austria.
FACC AG 
