Prevent Fad Jelah signed a contract for the production of metal components for installation in electric devices in production plants in Sweden with Electrolux.
The contract was signed after the visit of representatives of this famous company to the production facilities of Prevent Fad during which they had the opportunity to see the quality and high standards of business operations in this company.
Around 100,000 pieces a year will be produced within the first contract, and the increase of capacity is planned in the upcoming period.
The new contract is important for the Prevent Group because of the synergy of the metal sector of Prevent Group. Production for the needs of Electrolux will take place in Ilijas, and final processing in Prevent Fad in Jelah.
In this way, Prevent will also make a step further when it comes to strategy of vertical integration and offer of final product, from development, material, production and logistics support during the distribution of the product to the end customer, as announced from this company.
Otherwise, besides the production of metal components for the automotive industry, Prevent Fad is specialized in the production in the sector of different non-automotive industries. Some of the customers with which this company is cooperating are: SKF, CMR Group etc.
With this contract, Prevent Fad will make a step further in the process of expansion of its production portfolio and market. The company employs 150 workers at the moment, and the expansion of business will lead to opening of new workplaces.