PCB | October 23, 2006
Finnish PCB-maker bankrupt
The finnish PCB provider Scanpiiri last week filed for bankruptcy.
Scanpiri, based in Salo, Finland was established 1988 and has ever since been providing small series and prototypes of printed circuit boards. Since the year 2000 the company's revenues have declined constantly and today the company's workforce is only half of the workforce the company had in year 2000. At last the unpaid taxes drove Scanpiiri into bankruptcy. 20 employees are now at risk of losing their jobs but the administrator has received four notes from interested finnish PCB providers who may continue to run the business. Whether Scanpiiri's operations will survive or not is going to be decided this week.