Cardiff-based Oprema, the UK’s multi-brand distributor of security equipment, is creating 15 new jobs and has moved to a new 15,000 sq ft premises after securing an £850,000 co-investment from HSBC and Finance Wales.
The funding comprised a £350,000 commercial mortgage and £100,000 VAT loan from HSBC, and £400,000 from Finance Wales to refurbish the new premises, which completed in June. The HSBC funding forms part of a £2.6 million finance facility it has in place with Oprema to help it grow its import business and to support the day-to-day running of the company.
Creating new job opportunities
Matthew Epps, Managing Director at Oprema, comments,“The whole team is really excited about the future of the company, especially the recent move to our new premises in Cardiff. The move took place at the end of June, creating 15 new jobs and further expanding the reach and capabilities of our...
