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TOPEX Rebranding & Investments
TOPEX invests 1 mil Euro in R&D, production facilities and marketing.
TOPEX recently finalized the process of 1 mil Euro investment in the extension of its production and R&D facilities and company re-branding.
Based on the excellent results obtained in the past years, TOPEX decided to reinvest part of its profit in the enlargement of its production facilities and R&D center. The project was finalized at the end of April and had three main directions: building new premises, upgrading the R&D center amenities and purchasing new state-of-the-art industrial high precision equipment.
The new TOPEX building has modern spaces for R&D center as well as fully equipped halls for productions and testing. The total occupied surface reaches 1800 sqm and is tripled compared with last year. It is meant to host the team of young specialists that increased with 30% at the beginning of this year.
Industrial best-of-breed robots, of 0.5 mil Euro value, were purchased. These new endowments assure an increased productivity as well as higher quality of the equipment. Additionally, this acquisition allows TOPEX to follow the European Union environmental regulations.
Following these investments, TOPEX raised its potential to respond the constantly increasing request for its products. Its capacity to respond promptly to the fast technological evolution in telecommunications was also increased. The strategy of reinvested profit assure the stabile grow of TOPEX considering the close integration in the European Union and its high competition environment. As a result of these investments TOPEX expects / anticipate an increase of 30% for its turnover for this year.
In order to complete the actual modernization and development process, TOPEX directed part of the financial resources to consolidating its marketing policy. Its commercial export strategy to European Union demands a western level market approach. Therefore, TOPEX followed a re-branding process concluded with a new image of the company according with its latest progress, dimensions and capabilities.
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