Industry executives from Jat Tehnika, Adria Tehnika, Prince Aviation, and Etihad Engineering to evaluate regional competitiveness in the maintenance, repair and overhaul segment

DECEMBER 06, 2016 – BELGRADE, SERBIA – The Southeast Europe Aviation Summit (SEAS) Organizing Committee today unveiled plans to discuss how Southeast Europe’s aviation industry can compete in the maintenance, repair and overhaul (MRO) segment.

“In a moment of cautious growth for aviation overall, the MRO market remains robust and there is a role for Southeast Europe to play,” said Petar Vojinovic, Chair of the SEAS Organizing Committee and Chief Executive Officer of the summit’s host, Tango Six Events. “With respect to cost and quality – the lifeblood of the MRO segment – Serbia and the region’s workforce are second to none, and building our capabilities must be a strategic priority. I fully expect these sentiments to be echoed by industry leaders at SEAS 2016 and greatly look forward to discussing how we can get there.”

Next week, the summit will gather key decision makers for a panel discussion on how the region can compete and capture growth in the global MRO industry. The panel will include Miroslav Musulin, CEO of Jat Tehnika; Maksimiljan Pele, CEO of Adria Tehnika; Fred Dupont, Vice President of Customer Support and Sales at Etihad Engineering; and Srdjan Kragojević, Maintenance Director, Prince Aviation. Nenad Bjelogrlić will moderate the panel.

The decision by Swiss MRO giant SR Technics to open its shared services center in Belgrade in 2015 was seen by analysts as a vote of confidence in Serbia and the region’s MRO capabilities, paving the way for future investment.

A recent report by respected firm Oliver Wyman forecasts that the size of the MRO market globally will grow from $67.1 billion in 2015 to more than $100 billion by 2025.