Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Top News
Top News
World

Lilium And Swiss Firm To Expand Operations In France

A handout picture from Munich flying taxi startup Lilium shows its five-seater prototype

German aviation company Lilium and Swiss firm have announced plans to expand their operations by opening new sites in France. This move signifies a significant investment in the French business and industry sector, highlighting the country's attractiveness for international companies.

Lilium, known for its innovative electric vertical take-off and landing (eVTOL) aircraft, is set to establish a new site in France. This expansion is expected to create job opportunities and foster collaboration with local partners, contributing to the growth of the aviation industry in the region.

Similarly, the Swiss firm's decision to open a new site in France underscores the country's strategic importance as a hub for business development and innovation. The move is likely to enhance cross-border cooperation and strengthen economic ties between France and Switzerland.

By expanding their presence in France, both companies are poised to benefit from the country's skilled workforce, advanced infrastructure, and supportive business environment. This strategic decision reflects a vote of confidence in the French market and its potential for long-term growth and success.

The establishment of new sites by Lilium and the Swiss firm is expected to bring about positive economic impacts, including job creation, technology transfer, and increased investment in the local economy. It also demonstrates France's ability to attract and retain foreign investment, further solidifying its position as a key player in the global business landscape.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.