The 12.800 square meters manufacturing plant in Xian Technology Park is almost ready, but investments in equipment will be slowed down, according to the reduced export share forecasts outside China, Korea and India.
Feanor traditional Automotive, Aerospace and Defense markets in South East are not so bad as in the West, and focus will be there in the next two years.
Feanor got no support for research in Estonia in the last twelve years, nor for participation to exhibitions to improve export turnover, that's why design, prototyping and manufacturing of new sensors will be relocated in Xian plant.
Future patents will be registered in China and 10-15 technical staff will be initially provided by Xian Technology Institute. Optimal size would be 300 units.
Other reasons for relocating is lack of local industrial customers (export for many products has constantly been 100%) and skilled personnel.
'Chinese are clever, active and motivated, and this is what is most needed for hi-tech research'.
Translation services, representing more than 10% of total activities, will continue to operate in Estonia.