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18.11.2011

FACC AG expands long-standing partnership with UniCredit in Upper Austria
UniCredit Leasing Austria finances research and development centre for aircraft components manufacturer FACC

FACC AG is one of the world's leading companies in the development and production of fibre-reinforced composite components and systems for the aviation industry. UniCredit Bank Austria's corporate banking unit in Upper Austria has been FACC's core banking partner for many years and provides the Upper Austrian global player with extensive strategic advice and customised solutions. This long-standing successful partnership is now being further expanded:

UniCredit Leasing Austria, Austria's largest leasing company, will finance a research and development centre for the Upper Austrian aircraft components manufacturer FACC AG at St Martin/Innkreis. UniCredit Leasing Austria will purchase a property of just over 50,000 m² with three buildings. The next step will be the construction of a research and development building with a total floor space of 7,300 m², with financial assistance being provided by ERP/AWS (Austria Wirtschafts-Service). The start of construction work is scheduled for spring 2012.

"We are looking forward to this exciting project because we can make available our know-how as market leader in the Austrian leasing market. In our day-to-day activities we aim to use opportunities and development potential together with our customers, especially in a difficult economic environment. Our objective is to operate successfully in our core areas of real estate, equipment and vehicles leasing in the regional market by providing specific advice and solutions tailored to meet customers' needs.
The entire UniCredit Leasing Group has more than 3,000 employees, offices in 17 countries and competence centres for various specialist areas including renewable energy, real estate and aircraft finance. UniCredit Leasing serves the Upper Austrian market from its new business premises in Linz / Franzosenhausweg, a location which further enhances our flexibility and enables us to be even closer to our customers," says Martin Ehrensperger, Regional Head of UniCredit Leasing Upper Austria.

"As a long-standing strategic partner of FACC we have jointly developed intelligent product solutions with leasing, financial assistance and risk coverage, thereby providing customised services. This success and the added value for our customer is based on excellent cooperation between the product specialists of UniCredit Leasing and the Bank Austria team specialising in financial assistance schemes. And we have thereby once again impressively demonstrated our competence and expertise and UniCredit Group's performance capabilities," says Hartmut Staltner, Bank Austria Regional Head of Corporate Banking in Upper Austria.

Enquiries: Bank Austria Media Relations Austria
 Martin Kammerer, tel. +43 (0) 50505 52803
 e-mail: martin.kammerer@unicreditgroup.at

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