Page 3 - R&M

istoric RdM 1:comobile-new-2p 5/26/2014 4:19 PM Page 3 Already 140 employees 1989 In just eight years, the workforce had grown from 24 to 140 employees. The enlarged business complex at Binzstrasse 31 in Wetzikon was finished and officially opened. In the same year, R&M purchased another property in Wetzikon. New production and logistics building 1990 The telecommunication market became increasingly deregulated. It was obvious that a small domestic market like Switzerland would be increasingly tight in the future. R&M decided to target further markets for business development. Initial steps in Eastern Europe 1993 R&M took its first steps into the Eastern Europe market with the founding of Reichle & De-Massari Polska Sp.z.o.o. in Warsaw. RJ45 became increasingly well-established as a new connector standard for generic cabling systems. Registered office in Singapore 1994 The establishment of Reichle & De-Massari Far East (Pte) Ltd in Singapore marked a crucial step. This subsidiary was put in charge of all business in Asia. Fully owned by the Reichle family 1996 The transition from the founders' generation to the next generation began. The Reichle family took over all shares from Renato De-Massari, who withdrew from operating business to take a seat on the Board of Directors. Fully automatic production for RJ45 1997 An ultra-modern fully automatic production plant was put into operation for the RJ45 direct connectivity modules. Three further subsidiaries were founded: Reichle & De- Massari Ukraine Ltd., Reichle & De-Massari Malaysia and Reichle & De-Massari do Brasil Ltda.Great Britain returned Hong Kong to China. Rapid expansion abroad 1998 Expansion abroad proceeded at a rapid pace. Further subsidiaries were established in Dubai, Austria and Hungary. The number of employees worldwide hit 438, with 333 of them working in Switzerland. Generational change 1999 Hans Reichle withdrew from the operating business and handed the reins of company management to his sons Martin and Peter. Hans Reichle continued to be Chairman of the Board of Directors. Reichle & De-Massari was replaced as a logo with the shorter R&M.