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UAMCO, a Cypriot aircraft engine maintenance company in Aradippou, plans a \u20ac120 million expansion that would make its facilities four times larger, founder and CEO Giannis Savvidis said.<\/strong><\/p>\n UAMCO Ltd (United Aerospace Maintenance Company) began operating in February 2025. Since then, it has repaired 17 engines in partnership with GE Aerospace, one of the world\u2019s largest engine makers, Savvidis said.<\/p>\n Savvidis is a Cypriot aircraft engineer. Before founding UAMCO, he worked for Cyprus Airways, Emirates, British Airways and Virgin Australia. He also spent several years at Israel Aerospace Industries.<\/p>\n The new project includes a specialised engine test cell. At present, engines finished in Aradippou go to Brazil for testing, Savvidis said.<\/p>\n About 30 per cent of the work is already complete. In addition, the company has approached banks for finance.<\/p>\n So far, investment in the existing building and machinery has reached about \u20ac30 million, Savvidis said. The expansion will also use two more plots in the Aradippou industrial area.<\/p>\n The company started with 11 people and now employs 45. When the project is complete, staff numbers will reach 120 to 130, he said.<\/p>\n Half of the specialised staff are engineers from abroad. The other half are Greek Cypriot engineers and aeronautical graduates, who train alongside their colleagues.<\/p>\n \u201cCyprus will be in demand after the expansion,\u201d<\/em> Savvidis said. Around 10,000 aircraft engines are in service. Each must come off the aircraft every three to four years for this maintenance.<\/p>\n UAMCO now aims to handle 100 to 150 engines a year, he said.<\/p>\n Professor Constantinos Christofides, former rector of the University of Cyprus, also shared the story on X. \u201cCyprus can do it,\u201d<\/em> he wrote, because \u201cit has the people, it has the universities\u201d<\/em> and international connections.<\/p>\nUAMCO and the \u20ac120 million plan<\/h3>\n