Chairman of the Board of Directors Hans Hess ran R&M as interim CEO also operationally until the end of August. Then, Michel Riva took over at the helm of R&M on September 1, 2012. On October 2, the new FO production facility in Sofia was officially opened in a ceremony also attended by Bulgarian President Rosen Plevneliev. Besides strengthening the strategically important position of R&M in the EU and in Southeastern Europe, this plant was a response to demand for FO technology on the world market. The company geared its efforts fully toward future market trends. FTTx, data centers, and office cabling were the focal segments.
In New York City, Sotheby’s auctioned off a version of Edvard Munch's iconic painting "The Scream" for USD 119.9 million, making it the most expensive work of art to have ever been sold at an auction. London hosted the XXXth Olympic Games. Roger Federer won Wimbledon for the seventh time. With 17 Grand Slam titles and 302 weeks at No. 1, he holds the record in these categories.