Incap's revenues slips 29% during 3Q
October 26, 2023
EMS provider Incap saw its revenue slip by 29% during the third quarter of 2023, a consequence of its largest customer's need to reduce its inventories.
Skeleton unveils its Leipzig Superfactory
October 12, 2023
Estonian supercapacitor specialist Skeleton Technologies has unveiled its Leipzig Superfactory – a collaborative effort between Estonia, Japan, and Germany.
Finnish EMS expands with new factory in Estonia
September 22, 2023
EMS provider Dicro Oy has opened a new factory in Narva, the third largest city in Estonia.
Strong performance prompts GPV to once again raise its outlook for 2023
August 16, 2023
Danish-based EMS provider GPV, once again raises its outlook for 2023. In the second quarter of 2023, the company achieved record revenue of DKK 2.7 billion (EUR 362.3 million) and EBITDA of DKK 189 million (EUR 25.3 million).
Neo Magnequench starts construction of Europe's first rare earth magnet manufacturing facility
July 10, 2023
Neo Magnequench, a division of Neo Performance Materials, has broken ground on a new plant in Narva, Estonia to mine for raw materials that produce sintered neodymium-iron-boron magnets. The magnets are in high demand from makers of electric vehicles, wind turbines, and other clean energy verticals.
Ericsson invests €155 million to build new European manufacturing and technology hub
July 06, 2023
Swedish telecom company Ericsson says that it plans to build a next-generation smart manufacturing and technology hub in Tallinn, Estonia.
One million Ericsson 5G radio produced in Poland, exclusively for Telia
June 15, 2023
Ericsson, with its manufacturing partner Flex in Poland, has produced one million 5G radios with the millionth radio unit to be installed at Telia.
Ouman adds new robotic assembly line at its Estonian factory
May 11, 2023
Finnish electronics manufacturer Ouman has added a new production line at its factory in Kuressaare, Estonia. The robotic assembly line increases the factory's surface mount capacity by 50%.
GPV reports record high revenue in 1Q23
May 04, 2023
The Denmark-based EMS provider generated record-high revenue of DKK 2.7 billion (EUR 362.4 million) in Q1 2023. The combination with Enics, capacity expansions and increased sales to customers were the main drivers to the growth and extending the string of record quarterly performances.
Solid first quarter 2023 for Incap
April 28, 2023
The EMS provider is off to a strong start both in terms of revenue and profitability. The company is reporting first quarter revenues of EUR 72.7 million, an increase of 36.2% compared to the same period last year.
Margus Jakobson to head Incap Estonia
February 02, 2023
Margus Jakobson, interim Managing Director of Incap Estonia, has been appointed member of Incap Group’s Management Team as well as Director of Operations Estonia and Managing Director of Incap Estonia as of the first of February 2023.
Incap adds new production muscles to its Estonian factory
January 18, 2023
EMS provider Incap has recently expanded its operations in Estonia with the addition of new production equipment.
GPV and Enics are now one
October 03, 2022
The merger of Danish GPV and Swiss-headquartered Enics has officially been completed.
Incap signs agreement with Estonian manufacturer of e-bikes
September 12, 2022
EMS provider Incap has signed an agreement with the Estonian manufacturer of electric bicycles, Ampler Bikes, for production services for a controller device developed by Ampler.
Incap's revenue and profitability growth continues
July 28, 2022
The second quarter was the best one in Incap’s history, in terms of revenue and operating profit.
GPV and Enics merges – creating a new European EMS giant
June 22, 2022
Danish EMS provider GPV is merging with Swiss-headquartered EMS provider Enics. The transaction values the combined business at more than DKK 4 billion (EUR 537.7 million).
Incap invests in new production lines for Estonian operations
June 01, 2022
Incap Estonia is upgrading its two current SMT production lines and adding a third SMT line to its factory in Kuressaare.
One million Ericsson 5G products made in Poland
April 26, 2022
Ericsson has produced one million 5G radio products at the Flex Tczew factory in Poland. These products are at the heart of the fifth-generation networks being built in Poland and other European countries.
Scanfil improves prototyping capabilities at Malmö factory
March 07, 2022
In April, just a month away, Malmö will become the fourth Scanfil factory to adopt Seica's V8 automated testing system.
Evertiq’s industry pulse report – éolane Group
December 13, 2021
Henri Juin, Chairman of the éolane Group, says that the rebound is near and the signs of recovery are already visible in the order book. Now it’s just a matter of organising everything so that the order increases can be met in the coming years.
ICAPE Group expands in Sweden - creates a Nordic hub
November 19, 2021
Following the company’s investment in Sweden two years ago, the French PCB supplier is expanding its presence in the country – and with that the Nordic region in general.
Incap installs new production equipment at Kuressaare plant
November 08, 2021
EMS provider Incap has added new production equipment to its manufacturing operations in Estonia. A new modern wave soldering machine and selective soldering machine has been installed at the Kuressaare plant.
Note adds Greentech customer to portfolio
September 02, 2021
Note has signed a partnership agreement with Ferroamp and will manufacture the EnergyHub unit, which is the core of the smart system that integrates renewable energy, electric vehicles, energy storage and connections to the grid in buildings.
éolane Tallinn selects Critical Manufacturing MES
April 21, 2021
Critical Manufacturing has been awarded a contract with electronics manufacturer éolane Tallinn, Estonia. The project will see a two-phase Manufacturing Execution System (MES) implementation, replacing the existing legacy system on-site and then implementing additional features and modules, moving the business towards an Industry 4.0 solution.
Incap produced electronics for NASA's lunar mission cameras
March 26, 2021
Incap Corporation has produced the circuit boards for a set of stereo cameras that will be used in the Moon in connection with NASA's Artemis lunar program. The cameras have been developed by the Estonian company Crystalspace.
Note gets manufacturing contract from Swedish customer
March 17, 2021
Sweden-headquarted electronics manufacturer Note has secured a new manufacturing deal from an un-named Swedish customer from the industrial market sector.
NOTE grows further within medtech
January 21, 2021
The Swedish EMS provider says it has started a cooperation in electronics manufacturing with a, unnamed, well-established large international medtech company.
HANZA expands with new production facility in Estonia
December 21, 2020
Swedish EMS provider HANZA says that it will expand its capacity for regional manufacturing in the Baltics and invests some SEK 80 million in a new production facility of just over 12'000 square metre in Tartu, Estonia.
Incap Estonia openes new production line in Kuressaare
November 10, 2020
The EMS provider says it has launched a new SMT production line at its Kuressaare factory in Estonia. The line will enable Incap to change the production equipment according to the clients’ needs.
Etama to handle industrial robots in the Baltics for Yamaha
September 15, 2020
Yamaha Motor Europe Factory Automation section, continues to extend its European sales and support by adding Etama to its network. The company will distribute Yamaha industrial robots in Lithuania, Latvia, and Estonia.
Incap’s 2Q saw revenues go up, but profit down – CEO is satisfied
August 26, 2020
The COVID-19 pandemic, and the related lockdowns, really made a dent in the EMS providers operations. However, by virtue of being a global manufacturer, some factories could still run continuously and pick up the slack.
Ouman Estonia starts an expansion project
June 02, 2020
Despite the current uncertain economical environment, Ouman says it believes in a brighter future and that the company is proud of the performance in its factories.
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