Regenersis - Turning Around Technology

On a trade mission to Romania, the Minister for Trade and Investment at the Foreign and Commonwealth Office and at the Department for Business, Enterprise & Regulatory Reform, Lord Digby Jones has formally opened the new Regenersis facility in Bucharest Romania.

Regenersis has recently won significant business from TomTom, the world’s largest navigation solutions provider; and Sony Ericsson, the global provider of mobile multimedia devices. The facility currently provides end-of-life mobile phone reuse and recycling solutions to Vodafone Romania.

It is anticipated that by December 2008, the new Regenersis facility will employ over 200 members of staff providing repair and refurbishment capabilities. The facility will have the capacity to handle over 30,000 products a month.

Lord Digby Jones said, “This facility is an excellent example of a technology company utilising the strong skill base and low cost operational facilities in Romania to deliver improved value to a pan-European customer base.”

Gary Stokes, CEO of Regenersis commented, “We are delighted that Lord Jones could open our facility and see first-hand how we manage the complete lifecycle of fast moving, technology rich, consumer products in partnership with the world’s leading brands.”