Romania – Precision Parts

(repaid)

Sysmec AG

Projectdescription

Sysmec AG, founded in 2000, produces high-precision metal parts for machinery and valves. It is a supplier to Swiss companies including Schindler, Netstal and VAT Vakummventile AG. In 2002, the company set up a manufacturing plant in Arad, Romania, which has since enjoyed commercial success.

Sysmec AG offers quality products at lower prices than those of its competitors from Eastern Europe and the Far East, and has to meet a growing demand. Therefore, the company expanded in providing 200 jobs and significant know-how transfer in manufacturing technologies. The factory is aware of environmental impacts and pollution is minimized, fulfilling the standards required by European regulations.
Sysmec received a loan from the SECO Start-up Fund, which was used as working capital.

Development Impact

Creation of 200 jobs