Japan Cash Machine Germany president Kazuhito Kawase, along with operations Manager Marcus Schmitz, have signed the formal registration documents for a new subsidiary, JCM Bulgaria.

The subsidiary was launched with the active support of Casino Technology president Milo Borissov, who offered to host the new company in the group headquarters building inaugurated on the same day.

“We are very grateful for the support and cooperation received from Mr Borissov, whose help was essential in making this possible,” said Mr Kawase.

At the press conference following the official inauguration of the new Casino Technology headquarters, vice president Bepi Mottes clarified that JCM has active co-operation with many leading gaming machine manufacturers throughout the world in order to develop products that are best matched to its own technology.

JCM Bulgaria will initially develop software for existing JCM products, but as soon as the Bulgarian engineers will find their confidence in this new technology, the subsidiary will expand their scope and develop complete new products and later manufacture finished components for delivery to the world markets.