Bulgaria – Assembling Metal Components

(repaid)

Oskar Ruegg Bulgaria GmbH

Projectdescription

The investor is a Swiss company which successfully produces metal components and devices for automotives, electrical appliances and for the electronic industry in Switzerland. They outsourced the assembly of some of the simpler devices of large series to Bulgaria in order to decrease the cost of production.

The SSF loan was mainly used to purchase, construct and develop the factory. Oskar Ruegg Bulgaria GmbH is successful and expanding its activities.

The Bulgarian company not only created 78 jobs for local people but also an important know-how transfer.

Development Impact

78 jobs