Press release
Innovative Solutions Bulgaria Buys MEMS Fab
Innovative Solutions Bulgaria Ltd. today announced the acquisition of Bulgaria’s largest MEMS fab, which is located in the north of Sofia and has been newly built and equipped in 2004. This new facility provides Innovative Solutions Bulgaria, manufacturer of the BudgetSensors® line of AFM probes and AFM calibration standards, with the much needed space for the expansion of its production capacity.
The acquisition of the new fab will be formally completed until the end of 2011.
“The purchase of our new MEMS fab is a milestone in the development of our company!
Our current production facilities have been approaching our capacity limits over the last two years. We needed to take action to meet the increasingly high demand for our products from all over of the world.
With this added production capacity we will be able to support our sales growth for another five to ten years. We are very excited about the perspectives this new facility is providing for our BudgetSensors® line of AFM probes and calibration standards and our business in the future!”, said Dr. Kamen Nikolov, Founder and CEO of Innovative Solutions Bulgaria Ltd.
During the last 10 years, through quality control without compromise, as well as excellent customer service combined with the best shipment and lead times in the world, we have built up BudgetSensors® as the world-wide leading AFM probes brand in the low-cost market segment. Our cumulated average sales growth over the last 10 years has been in the high double digits range. Even during the last three years, in times of high macroeconomic uncertainty, we have been able not only to maintain our position on the market, but to grow further with impressive +30% rates. Our newly expanded production capacity will strongly contribute to the continued growth of the company.” Dr. Nikolov added.
About Innovative Solutions Bulgaria Ltd.
Founded in 2001, Innovative Solutions Bulgaria Ltd. (ISB) is mainly focused on the manufacturing and distribution of Probes and Calibration Standards for Atomic Force Microscopy (AFM) under the brand BudgetSensors®. In 2005 the Swiss NanoWorldHolding AG purchased 100% of the ISB shares from its founder, Dr. Kamen Nikolov. Being part of the largest manufacturer of AFM probes and accessories in the world, ISB has grown BudgetSensors® into the world-wide market leader in the low cost AFM probes segment. BudgetSensors® products are being distributed world-wide through a well developed network of affiliated companies and local distributors.
Innovative Solutions Bulgaria Ltd.
48, F.J. Curie St
1113 Sofia, Bulgaria
Tel: +359 2 9630941
Fax: +359 2 09630732
Email: sales@budgetsensors.com
Contact: Kamen Nikolov
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Innovative Solutions Bulgaria Buys MEMS Fab here
News-ID: 202009 • Views: …
More Releases for Bulgaria
Spa Investment Opportunity in Velingrad Bulgaria
Full planning permission has recently been permitted for a new Spa hotel in Velingrad - the Spa capital of the Balkans.
The property is less than four kilometres away from the Velingrad centre, with a total area of 20,000 m 2 the land currently houses a built-up existing hotel area: 924 m² with an external existing pool area: 210 m².
The site currently comprises a 2-star hotel building, a shooting ground, an…
Bulgaria Agriculture Market, Bulgaria Agriculture Industry, Bulgaria Agriculture …
Agriculture sector plays a crucial role in the Bulgarian economy. Agriculture includes hunting, forestry, and fishing, as well as cultivation of crops and livestock production. The agriculture sector has the potential to be a vital source of foreign exchange earnings and can also produce huge amount of quality food for domestic population. Most significant advantage of this sector is the presence of well-established food research & development institutions.
Bulgaria enjoys tremendous…
Agrochemicals Market in Bulgaria
ReportsWorldwide has announced the addition of a new report title Bulgaria: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports.
The report “Bulgaria: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the report. A…
SEO Conference 2013 Bulgaria
On March 22, over 400 people are expected to arrive at the Inter Expo Center Sofia in Bulgaria for the SEO Conference 2013. As noted on the SEO Conference Bulgaria – official site, the event, which will take place from 9 a.m. to 7 p.m., is the country’s main conference that focuses on search engine optimization and marketing. It is also an outstanding meeting place for customers, optimizers and representatives…
CSA Celebrity Speakers Bulgaria brings Martin Lindstrom to the Third Marketing F …
Martin Lindstrom – nominated by TIME magazine among the 100 most influential thinkers of 2009 will have a key note speech at the Third Marketing Forum in Bulgaria, organized “Capital” business weekly. Martin Lindstrom is represented in Bulgaria by CSA Celebrity Speakers.
Sofia, Bulgaria – Martin Lindstrom – named one of the best present day Branding gurus will participate with a key note speech at the Third Marketing Forum…
Construction market in Bulgaria 2009
The economic slowdown, a less substantial inflow of foreign capital, limitations on mortgage lending and a weaker economic climate among construction companies will cause the construction market in Bulgaria to start to decelerate in 2009. Civil engineering, which will continue to grow slightly in 2009, will not fully redress the decline in residential and non-residential construction.
After impressive growth between 2005 and 2007, in H2 2008 the construction market in Bulgaria…
