IQDEMY Group, together with a Swiss based partner and assistance from Innovaud, the innovation and investment promotion agency for the canton of Vaud, as well as local authorities, started the procedure for obtaining the necessary permits to build a chemical plant and install a production and laboratory equipment in Aigle (Vaud, Switzerland).
IQDEMY SWISS INX SA, the new company of IQDEMY Group, plans to release the first batch of innovative inks at the end of 2024.

IQDEMY Group has been developing and manufacturing electronics, software, digital printers and inks since 1998. Customers from more than 70 countries use the company's products. Today IQDEMY sets up the base for their new factory and R&D premises in the canton of Vaud with the support of Innovaud. The plant will be located near the city of Aigle, in a 1000 m 2 area with a planned expansion to 2000 m 2 within the next few years. The company plans to create some 40 new jobs by the 5 th year of operation in Vaud.

"On behalf of the whole IQDEMY team, I would like to thank all the collaborators of the canton of Vaud and in person to the former President - Nuria Gorrite, for their assistance and for acknowledging the potential of our project in the region”, said Vladislav Mirchev, president of IQDEMY GROUP.

“I would also like to express my gratitude to the INNOVAUD innovation agency team
- President, Remy Walbaum;
- CEO, Patrick Barbey;
- Key Account Manager, Yuliya Blaser whose support and advice were invaluable and 24/7;
- Real Estate Manager, Herminie Carmona de Arcos, who found this wonderful place for the new plant.

Also special thanks to our local financial partners - bank CREDIT SUISSE (Suisse) SA, branch in Lausanne and personally Mr. Valentin Zulauff and Mr. Nicolas Voinçon for the quick and clear assistance in opening company accounts. As well as to all the customers in Switzerland and in the European Union for showing their support and bringing interesting projects in this year-long work with us.”

IQDEMY’s new plant will start producing up to 120,000 liters of innovative digital ink for various applications such as security printing, the luxury goods industry, printing of watch dials and straps, or printing on aluminum and steel. All the technologies and formulations are developed and patented by IQDEMY Group. The new factory is set to achieve 300,000 liters of ink annually (single shift, i.e., 1,000,000 liters per year in three shifts).

Thanks to a self-developed production methods and unique formulas, IQDEMY inks are safe for humans and the environment. Production has a closed cycle of water use without any hard, liquid or gas emissions in the environment. The use of the latest air filters ensures the highest purity of emitted air, which is cleaner than the outside air.