Lithuanian maintenance provider FL Technics is building a new hangar complex in Ulyanovsk, Russia, where MRO operations for narrowbody and regional aircraft are due to begin in early 2014.
The facility will comprise three hangar sections - two at 5,000m² (53,820ft²) and one at 6,400m² - which are to be successively opened in 2013, 2015 and 2017.
They will be used to support short- and medium-range aircraft from Airbus, Boeing, Bombardier, Embraer, Sukhoi and other manufacturers, the MRO company said.
It added that the site will cost approximately $18 million and create around 500 jobs for technical, engineering and administrative personnel. The staff will be trained in-house at the company's home base in Vilnius.
"Entering the Russian market has long been one of our strategic objectives," said chief executive Jonas Butautis. Given that the company has established itself as an MRO provider in Eastern Europe, it was "highly important that we remain in a close proximity to this particular market and our clients", he added.