The luxury Swiss watchmaker Rolex is to build a new production site in Bulle in the canton of Fribourg, a move expected to create 2,000 jobs and dozens of apprenticeships.
Rolex already has sites in Geneva and Biel. The new operation in Bulle is planned for an industrial zone alongside the A12 motorway and, if all goes according to plan, the site could be up and running by 2029.
It’s expected that the move will involve an investment of one billion francs.
Officials still have to approve the sale of two plots of land before the deal can be signed. The plots are 100,000 square metres in total, the equivalent of around 10 football pitches.
President of the Fribourg State Council, Olivier Curty, said that ‘The project is on the right track and Fribourg authorities will do everything they can to ensure that it succeeds’.
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