Investment and Business Development Agency

menu

News

Solar modules to be produced in Olomouc; 25 new jobs to be created

Today marks the official start of production at the O&M Solar plant in Olomouc. The company, which is engaged in the assembly of solar modules, will invest 1,4 million Euro here and employ 25 people. In the course of the following few years, production capacity is expected to as much as triple.

15.08.2006

The main investor is the Japanese company Onamba co.,Ltd which already operates the firm Czech Republic Onamba s.r.o. in Olomouc. “Thanks to this project, we have experience with the Municipal Council of the City of Olomouc as well as with CzechInvest. We are satisfied here and we therefore decided to again locate another project in the Olomouc region,” says Shigeaki Suzuki, Managing Director of O&M Solar.

The advantageous location played a significant role in the decision-making process. “We found suitable lease conditions for the investor on the site of the Zeleznicni industrial zone, where necessary modifications had already been made for the start of production,”adds Pavlina Slepickova, regional project manager at CzechInvest.

At the assembly plant, O&M Solar will assemble solar photovoltaic modules intended to directly transform solar radiation into electrical energy. Over twenty people will find work here in the first phase. In light of the company’s planned increase of production over three years, additional jobs should be created.


MORE ABOUT THE COMPANY


Onamba co., Ltd was established in 1941. Today the company has 12 branches in nine countries and employs approximately 6,000 people. Onamba‘s scope of activities includes the manufacture and sale of parts, general-purpose electrical wire, communications cables, etc. for use with consumer electronics, office information machines, and industrial electronic devices. The company has already built a factory in the industrial zone Olomouc - Holice to produce wire harnesses and junction box for the Solar battery.