Norautron Suzhou inks new contract with Efore
October 23, 2020
Norautron Suzhou Co.Ltd announces a new cooperation with Efore Electronics Suzhou Co.Ltd.
Efore completes the divestment of its Telecom business
November 29, 2019
Efore has completed the divestment of the Telecom business to Chinese Shenzhen Kexin Communication Ltd on 28th November 2019. Share consideration is EUR 3,5 million.
Efore to sell its telecom operations to Chinese Kexin
August 28, 2019
Back in late July, the board of directors of Efore accepted an offer made by Shenzhen Kexin Communication Technologies Co. Ltd to acquire the fFinnish company’s Telecommunications business.
Efore Group selects Kitron as it manufacturing partner
April 03, 2019
Finnish Efore Group has selected Kitron ASA as manufacturing partner for some of its EMS production.
Efore partners with AJ's Power Source
November 09, 2017
Efore and AJ’s Power Source, Inc. a designer and manufacturer of power supplies and power distribution equipment, have signed a partnership and distribution agreement under which the companies will utilise each other’s expertise and market positioning in order to offer a greater selection of highly reliable power products to AJ’s customers.
Efore signs representation agreement with Meridian Technical Sales
February 27, 2017
Efore Plc has appointed Meridian Technical Sales as its’ new Representative firm in the Silicon Valley, Northern California and Northern Nevada.
Efore signs distribution agreement with Venco Electronica
December 14, 2016
Finnish Efore has signed of a distribution agreement with Venco Electronica S.A. providing support to customers in the LED Lighting market space across Spain and Portugal.
Efore starts personnel negotiations to improve operating efficiency
October 19, 2016
As part of the cost savings program, Efore has commenced cooperation procedures with its entire personnel in all locations on October 19, 2016.
Efore to outsource manufacturing of China plant to Wuxi Hodgen Technology
August 31, 2016
Efore Plc and Wuxi havecome to an agreement regarding the outsourcing of manufacturing as well as manufacturing support functions at the Suzhou plant in China.
Jorma Wiitakorpi is new CEO of Efore
May 03, 2016
Jorma Wiitakorpi has been appointed CEO of Efore Plc on April 29, 2016. Wiitakorpi's CEO agreement is in force for a specific term.
Efore looking to outsource manufacturing in China
March 30, 2016
Efore Plc has decided to initiate discussions with selected EMS partners on outsourcing of manufacturing as well as manufacturing support functions at the Suzhou plant in China.
Efore lowers its estimate for 2015
December 15, 2015
In a challenging market situation it is not possible to compensate costs with sales and as a consequence, Efore is lowering its operating result forecast.
Efore's Italian subsidiary signs distribution agreement
November 25, 2015
Efore's Italian subsidiary, ROAL Electronics, has signed a new distribution agreement with LUSO Electronics Ltd.
Efore subsidiary signs new US sales rep
November 20, 2015
Efore Plc's US entity, ROAL Electronics, has signed a representative agreement with LA Sales, a California corporation.
Efore lowers financial estimate for 2015
October 01, 2015
Efore Plc lowers its financial estimate for 2015 due to lower than forecasted demand in mainly telecommunication sector during the latter part of the year.
Efore: Move to EMS should provide more flexibility
August 17, 2015
Finnish Efore, working with demanding power electronics, reached break even. The company still finds the results disappointing.
Efore CEO to leave
November 05, 2014
Efore's CEO Vesa Vähämöttönen will leave the Finnish electronics company next year.
Efore exercices its option to sell real estate in Italy
October 27, 2014
ROAL Electronics, which is owned by Efore Plc, has sold its real estate in Italy according to the option agreement, which was made at the same time with the acquisition last year.
Industrial up - telecom down for Efore
August 20, 2013
After the acquisition of Roal Electronics, Efore is advancing in industrial. But even with the advancements made in industrial, the company saw their net sales decline to EUR 16.7 million (EUR 21.2 Q312).
Efore improving financial estimates
July 18, 2013
Efore's recent acquisition of Roal Electronics S.p.A is one of the reasons that Finnish Efore is improving the estimates.
Efore acquires Italy-based Roal Electronics S.p.A.
July 17, 2013
Efore Plc has finished the acquisition of the entire share capital of Italy-based Roal Electronics S.p.A. (Roal), employing some 350 staff.
Efore to lay off
April 30, 2013
Efore's personnel negotiations in Finland initiated on 5 March 2013, have been concluded. As a result of the negotiations, the total reduction in personnel is globally 37 employees of which 7 in Finland.
Efore's Q1: disappointing sales and layoffs
March 06, 2013
As the the demand from key telecom customers turned out to be significantly lower than expected – Q1 turned out to be somewhat of a disappointment for Efore.
Slow start for Efore
March 12, 2012
Efore have released their first quarter results, partly blaming the Chinese New Year's holiday for their slow start to the year.
Efore to close down in Baltics
January 31, 2012
Finnish EMS-provider Efore is to close down manufacturing in Pärnu (Estonia).
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