I wasn’t aware that Vulcanair bought Partenavia out of bankruptcy in 1998, and has built an EASA-certified Cessna 172 clone, the Vulcanair 1.0, for almost half the price.
The 1.0 is a corrosion-proofed metal G500-based glass-cockpit 4-seater with an IO-360 engine. It has roughly the same performance as the old 172 XP or new Cessna SP, IFR-equipped for $259,000.
It has a constant-speed propeller but fixed landing gear, so doesn’t qualify as a complex aircraft. It would feel sporty when flown solo, climbing at over 1,000’/minute.
The 1.0 was announced in 2014, was exhibited this year at Oshkosh (AirVenture) and is targeting Fall 2017 for FAA certification. I didn’t see any listings on Controller.com or trade-a-plane.com, so there aren’t many flying yet.
vulcanair.com: Vulcanair 1.0
avweb.com: Vulcanair’s Skyhawk Competitor
ainonline.com: Vulcanair V1.0 Trainer Aiming at U.S. Training Market
cnn.com: The U.S. has a staggering pilot shortage