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Partnertech invest in Norway

EMS provider Partnertech has invested additionally approximately € 1 million in its factory in Moss, Norway.

July 01 2009, 9:38 AM

EMSDuring the last year Partnertech invested over € 2 million in its machinery park in Moss. This year, the company will invest an additional € 1 million.

Last year the unit in Norway had a turnover of approximately € 40 million and a profit of more then € 3 million. Per Sølvberg the CEO of the unit announced earlier this year that the company aims to have a turnover of € 44 million in 2009.

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TT Electronics profit down

ComponentsFor the year ended 31 December 2009, UK based TT Electronics revenue was £499.6 million (2008: £584.3 million), down 14.5 per cent.

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