Taja Boscarol, Public Relations Manager for Slovenian aircraft company Pipistrel, announced the formal establishment of the fourth company of the Pipistrel Group at the Chamber of Commerce in Jurong City (Jiansu Province), China. The new company, PIPISTREL ASIA-PACIFIC, General Aviation Technology Co. Ltd. was founded by Ivo Boscarol (51-percent owner) and Danny Wu Hao (49-percent). Hao, as financial partner, will provide the capital investment required for the construction of Project Jurong. The ownership of both Slovene companies, Pipistrel d.o.o. and Pipistrel Vertical Solutions (a new development under control of Tine Tomazic) remains 100-percent Slovenian as before. As Ms. Boscarol’s press release relates, “From now on, the PIPISTREL ASIA-PACIFIC, General Aviation Technology Co. Ltd company is the general distributor of Pipistrel for China. “It will be in charge for realization of the ‘Project Jurong’, the agreement about establishing an aviation and tourist center next to Jurong Lake national park. The agreement was signed between Pipistrel company and the government of the …