Eltek orders $4.5m of equipment to boost 1Q 2024 production
December 19, 2023
Israel's Eltek has announced a range of purchase orders to scale up its output of printed circuit boards.
Eltek receives five purchase orders totaling $3.8 million
November 20, 2023
Israeli PCB manufacturer Eltek says it has received five purchase orders in a total amount of USD 3.8 million.
Eltek intends to speed up current investments
June 29, 2023
Israeli PCB manufacturer Eltek says that the company has decided to accelerate its current investments in production equipment.
Eltek reaches insurance settlement related to 2022 fire
June 22, 2023
PCB manufacturer Eltek Ltd. says that it reached a settlement with its insurance carrier under which the insurance company will pay an additional USD 2 million to cover costs and damages incurred by Eltek with respect to the fire in its plant in June 2022.
Fire broke out at Eltek's PCB plant in Petah Tikva
June 16, 2022
PCB manufacturer Eltek Ltd. says that yesterday evening, a fire broke out in one of the production rooms in the Company's plant in Petach-Tikva, Israel.
Eltek receives new order from existing defence customer
February 07, 2022
Eltek receives a USD 1.4 million letter of intent for a purchase order from an existing defense customer with option to increase the purchase order to up to USD 2.1 million.
Eltek to build second facility in Israel
April 14, 2021
Eltek intends to apply to the Israel Land Authority ("ILA") for an allocation of land in the north of Israel where Eltek intends to build a second production facility.
Eltek provides revenue update for 2020 and shortage of Pyralux AP
February 22, 2021
PCB supplier Eltek has provided an update regarding the company’s revenues for 2020 and the impact of the worldwide shortage of Pyralux AP, a key material produced by DuPont that is used in the production of flexible and flex–rigid printed circuit boards.
Eltek continues to invest and increase production capacity
December 22, 2020
The company announces the addition of a new custom built DES (Develop/Etch/Strip) line, for faster, more precise, and fully Industry 4.0 compliant production line.
Eltek receives additional order from a governmental authority
January 10, 2020
Israeli PCB manufacturer says that the company has received a follow-on order to an existing project in an amount of up to approximately USD 1.4 million.
Eltek names Eli Yaffe as CEO
July 18, 2018
Eltek Ltd. has named Eli Yaffe as its Chief Executive Officer, effective July 1st, 2018. Mr. Yaffe will succeed Mr. Yitzhak Nissan, Controlling Shareholder, who will continue to serve as the Chairman of our Board of Directors.
Eltek: Net loss of USD 1.1 million
August 15, 2017
Israeli PCB manufacturer Eltek quarter ended June 30, 2017
Eltek gets order of USD 2.1 million
July 25, 2017
Eltek has received an order from an - unnamed - governmental authority for a project that includes, among other things, manufacturing and procurement in an amount of up to approximately USD 2.1 million.
Eltek receives USD 1.4M loan from Nistec
June 30, 2017
PCB manufacturer Eltek has obtained a loan of NIS 5 million (USD 1.4 million) from Nistec Ltd., the company’s controlling shareholder.
Eltek signs distribution agreement with NCAB Italy
May 26, 2017
Israeli PCB manufacturer Eltek signed an agreement with NCAB Group Italy for the distribution of Eltek’s products in Italy.
Eltek revenues take 10% dip
March 28, 2017
Israel-based PCB manufacturer Eltek saw 2016 revenues drop to USD 37.1 million. Compared to revenues of USD 41.4 million in 2015, this represented a decrease of approximately 10.4 percent.
Eltek to sell its share in Kubatronik-Leiterplatten GmbH
December 26, 2016
Israeli PCB manufacturer, Eltek Ltd., has signed a definitive agreement for the sale of all the Kubatronik-Leiterplatten GmbH shares it holds to Mr. Alois Kubat, Kubatronik’s only other shareholder and founder.
Yitzhak Nissan increases stake in Eltek
June 21, 2016
Eltek's controlling shareholder, Yitzhak Nissan, increases his holdings in the PCB manufacturer to 56.6 percent.
Eltek swings to profit in 2015
April 05, 2016
Israeli PCB manufacturer, Eltek, just closed its fiscal year of 2015 and is looking back at a fourth quarter of improved gross profit, gross margins and – a transition to a net profit.
Eltek invests in new Orbotech solder mask system
February 03, 2016
Eltek – a Nistec company – and long-time Orbotech customer, has been using the new Orbotech Diamond 8 Direct Imaging (DI) system for solder mask at its production facility in Petach Tikvah, Israel.
Eltek receives orders of $1.4 million from Indian customers
November 25, 2015
PCB manufacturer Eltek has since the beginning of the fourth quarter, received several orders for military applications from customers in India, amounting to USD 1.4 million.
Eltek receives new orders
August 26, 2015
PCB manufacturer Eltek has received orders amounting to USD 1.1 million from three customers in the Medical Device sector.
Eltek relocates its US subsidiary
June 11, 2015
Eltek Ltd, has completed the relocation of its US – based subsidiary, Eltek USA, into a new facility.
Tough first quarter for Eltek
May 15, 2015
Israeli PCB manufacturer Eltek had a tough first quarter of 2015, seeing decreases in both revenues and gross profit.
Eltek looses on revenue in 2014
May 08, 2015
Israeli PCB manufacturer Eltek Ltd. reported full year (ended: December 2014) revenue of USD 46.6 million (compared to USD 50.2 million recorded for 2013).
Delta Electronics to acquire Eltek ASA
December 15, 2014
Power supplies provider, Delta Electronics, is through its Dutch subsidiary Deltronics, acquiring Eltek ASA, a Norwegian power supply developer.
Eltek strengthens management
July 03, 2014
Eltek ASA announced several upcoming changes to strengthen its management group. Kenneth Bodahl has been tapped to become Executive Vice President of Business Development. David Leal, currently Vice President Sales, North America, will succeed Mr. Bodahl as Regional Sales President, Asia Pacific.
Global revenue for Digital Power supplies and ICs jump in 2014
March 05, 2014
The global market for digital power is undergoing explosive growth, with revenues for digital power supplies and digital power integrated circuits (ICs) each projected to jump almost 65 percent in 2014, according to IHS Technology.
Positive Q3 for Eltek
November 28, 2013
Israeli PCB manufacturer Eltek had a good third quarter. Revenues were up as well as gross profit and operating profit.
M&A activities still declining
November 19, 2013
There were four completed transactions reported for Q3/2013. The four transactions represent a decrease in M&A activity compared to Q2/2013.
Director resigns from Eltek
November 05, 2013
Israeli PCB manufacturer Eltek has announed that director Joseph Yrushalmi has left the company.
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