🗣 Drone manufacturer Baykar is buying the Italian aerospace company Piaggio Aerospace, — Bloomberg.
The publication notes that Piaggio Aerospace, formerly known as Piaggio Aero Industries SpA, designs and manufactures aircraft and aviation engines for military and civilian use. ✈️
The company has been for sale for many years and has been under "special management" appointed by the government since 2018 due to debts and a difficult financial situation. 💵
#EconomicForecasts
@Economyfinancemoney
The publication notes that Piaggio Aerospace, formerly known as Piaggio Aero Industries SpA, designs and manufactures aircraft and aviation engines for military and civilian use. ✈️
The company has been for sale for many years and has been under "special management" appointed by the government since 2018 due to debts and a difficult financial situation. 💵
#EconomicForecasts
@Economyfinancemoney