German aviation company Lilium and Swiss firm to open new sites in France

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German aviation company Lilium and Swiss firm to open new sites in France

PARIS - German aviation firm Lilium and Swiss-based nickel refinery company KL1 will set up new sites in France representing a combined investment of 700 million euros , French Finance Minister Bruno Le Maire said on Sunday.

The precise site of the new Lilium plant, which will be a factory to help produce electric jet aircraft, is yet to be finalised although it will be in the Nouvelle Aquitaine region. "Choose France brings in capital, Choose France brings in new technologies, Choose France helps us plug holes in gaps on certain value chains," said Le Maire.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

 

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