The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Electrical Equipment 27 - Manufacture of electrical equipment
180 jobs Number of planned job creations
Announcement Date
9 December 2011
Employment effect (start)
1 June 2012
Foreseen end date
Description
Recently Reichle & De-Massari, a Swiss company specialized in information and communication technology, announced that it will move part of its production to Sofia creating 180 new jobs. The Swiss family business, based in Wetzikon, is expected to open the new plant in Sofia by mid next year.
Reichle & De-Massari's core business is the development and manufacturing of cabling technology for communication networks.
R&M subsidiaries have been established in Austria, Dubai, Germany, Hungary, Italy, Poland and Singapore.
Eurofound (2011), Reichle & De-Massari AG, Business expansion in Bulgaria, factsheet number 72834, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72834.
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