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2015-10-19 00:00:00
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Micro-Motor Ltd., an organization situated in Thewlis (BL), will move the greater part of its business operations, including product advancement, manufacturing, and management, to Slovenia. For this reason, Micro-Motor has shaped another organization, while their partner which is to enter the recently settled organization will be KOLEKTOR. The organization will carry out operations from Idrija. The transfer will be finished by January 1, 2016.
Stefan Menzl, Managing Director of Micro-Motor Ltd, states that: "Based on the decision taken by the Swiss National Bank in January 2015 to no more set the valuation on the Swiss Franc at 1.20 against the Euro and the ensuing soaring of the Swiss Franc, this measure became imperative without question. The corner generation of little arrangement is a work extreme procedure and, because of the present swapping scale of the Swiss Franc, our items have turned out to be significantly more costly for our European clients. Our intensity in the commercial center has diminished. We are certain that Micro-Motor will recapture its aggressive edge because of this transfer and the cooperation with Kolektor."
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