06 October 2012

Swiss company "Reichle & De-Massari" opens plant in Sofia, Bulgaria

02 October 2012 - The new plant of the Swiss company "Reichle & De-Massari" for design, manufacture and assembly of fiber optic components and platforms in Sofia will be officially opened today. 

The ceremony will be officially opened by the president Mr. Rosen Plevneliev. The event will be attended by the Ambassador of Switzerland Mrs. Regina Escher, Executive Director of the Bulgarian Investment Agency Borislav Stefanov and representatives of the Swiss investor.

The total investment in high-tech enterprise for optical and copper components amounted to BGN 9.7 million, in this figure does not include the amount of about BGN 8 million for purchasing the building. 

The new plant will be located in the metropolitan area Hadji. The number of new jobs by the end of 2012 will be 100. The output of the new plant will be exported worldwide. 

Swiss Reichle & De-Massari AG, which will provide the entire amount of the investment with its own resources, is one of the 500 largest companies in Switzerland. Currently has its own trade organizations in over 30 countries, grouped in seven trading region. 

In March 2008 R & M announced the acquisition of 100% of the Bulgarian distributor of copper and fiber optic cables, cabling and cabling components FriNet LTD. 

Source: InvestBulgaria Agency