dstgroup builds the first plant of the swiss group in Portugal. The project will create 400 jobs – Executive Summary

The Swiss group The Fischer Connectors will expand its activity into the Portuguese territory with the first production unit of technical connections and cables in Amarante, which will create 400 new jobs. The construction of the new plant will be the responsibility of dst construction company, which is dstgroup corporation.

“This investment is very important for Amarante. It is an excellent indicator and can cause a ‘crawl’ effect. It adds value and fixes people”, commented the Mayor of Amarante, José Luis Gaspar, during the groundbreaking ceremony of the project in Aboadela.

In the mayor’s words, the creation of Fischer Connectors in the field “is part of a deliberate, mature, and properly framed process in its growth strategy.”

“Furthermore, this is part of a plan that we have defined, from the beginning, with the InvestAmarante Constitution, and which we have been preparing, to become competitive in attracting investment and new industries,” said Jose Luis Gaspar.

In a press release, he stated that the new Fischer Connector Factory, to be built in the center of Serra do Marao, was “designed with the surrounding landscape in mind”.

“It will be a factory with a working environment related to its surroundings, with a different concept of working in the context of the factory,” said architect Alexander Burmeister, when presenting the project.

“In phase one, the manufacturing and administration area will house 150 people; in phase 2a, we will increase the manufacturing area to another 150 jobs; and in phase 2b, we will have a service and research building, with another 100 people in mind,” the person in charge explained.

A source from the Fischer Connectors Group considered that “the investment in Portugal / Amarante is a turning point in the company’s strategy” and that the selection of Amarante aims to “increase competitiveness, pro-activity and responsiveness at a global level”.

The same source noted that “the selection of the site at Amarante was based on a deep and comprehensive assessment, supported by AICEP, and was based on the region’s industrial history, cost base, work environment, cultural factors, and talent availability.”