The business unit—the group’s ninth production facility—celebrated its 2nd anniversary in early June, in which time it was also awarded a prestigious Investment Class A certification by the Bulgarian government.
The certification followed a comprehensive evaluation process by Bulgaria’s Ministry of Economy and Industry, and acknowledged compliance with stringent investment and employment criteria. It confers significant benefits to business unit, including expedited administrative procedures, personalized government support, financial incentives for infrastructure development and employee training, and preferential rights to acquire state or municipal property near its operations.
These advantages will help to facilitate goals of expanding production services, onboarding new customers, and growing to become the group’s key hub for electronics assembly and plastic moulding in Europe.
Describing the Bulgarian business unit as the cornerstone of a broader European strategy, group CEO Charles-Alexandre Albin said: “the certificate validates our commitment to contribute to Bulgaria’s economic development and job creation and will further empower us to scale operations in Europe.”
The business unit is located in Plovdiv, where it benefits from a skilled workforce, large industrial base, and efficient transport links. The 4000m² facility features advanced machinery, including two SMT lines, reflow ovens, AOI and Pick-and-Place stations, high-speed SPI stations, soldering and x-ray machines, laser markers, Kardex vertical carousel storage, testing stations, and four plastic injection moulding machines; all serving vertical integration of electronics assembly and plastic moulding.
