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© Evertiq Electronics Production | November 23, 2011

Elcoteq Tallinn turns French?

Sources say that Elcoteq's manufacturing unit in Tallinn, Estonia, could be sold to the French EMS-provider Éolane.

Local sources in Estonia have suggested to Evertiq that French EMS-provider Éolane is interested in buying Elcoteq's Tallinn facility. Evertiq has tried to reach Elcoteq SE's bankruptcy administrator - Mr. Yann Baden from Baden & Baden - Avocats à la Cour – for a statement on the subject. However, calls and emails have not been returned. Evertiq has also asked EMS-provider Éolane for comment but they are yet to provide an official statement on the matter. Jan Kotka, managing director at Elcoteq Tallinn, has been quoted in numerous regional publications over the past few weeks saying “the unit is profitable, continues to fulfil customers' orders while waiting to be sold as an asset by receivers. Orders would last for 12 months ahead." For anyone who has more information on the subject, please feel free to contact us via this email link.
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