Tax Climate Aids French Telecom Manufacturer
NOZAY, France – Benefiting from what is considered one of the most research-friendly tax climates in Europe, telecom photonics components manufacturer 3S Photonics SA, once a spinoff of a French research laboratory, is expanding. Its success in the early ’90s drew the attention of telecom giant Alcatel, resulting in acquisition. Listed on the stock exchange in 2000 as Alcatel Optronics, the firm, along with the fast expansion of the Internet, enjoyed an exceptional growth. When the bubble burst at the end of...