Incap's expansion yields results - now its time to expand again
November 06, 2019EMS provider, Incap, is reporting another stable quarter. But in order to push the pace even further the company has decided to expand production in India once again.
Incap ups its estimate for 2019 - expects even better result
September 13, 2019EMS provider Incap estimates that its full-year revenue and operating profit (EBIT) in 2019 will be clearly higher than in 2018.
Incap Estonia upgrades its production capability
August 22, 2019EMS provider Incap says that its upgrading its SMT production lines at its operations in Estonia. the company is extending a contract with SMT-Renting for the line installed in 2017 and adding a new line which will replace an existing line at its Kuressaare factory.
Incap is expanding production in India
August 19, 2019EMS provider is investing EUR 2 million in an expansion of its production facility in Tumkur, India. The company is adding 3'800 square metres to the existing 8'640 square metre factory premises,
Revenue growth continues for Incap
August 14, 2019EMS provider Incap Group reported second quarter revenues of EUR 18.7 million, showing an increase of 29.1% from EUR 14.5 million during the same period last year.
Incap to increase its estimate for the 2019 result
April 23, 2019In the financial statement release back in February 2019, the EMS provider estimated that the group’s full-year revenue and operating profit (EBIT) will be approximately at the same level or somewhat higher than in 2018; but now it looks like the revenue and EBIT will be higher than expected.
Incap ups its estimate for the full-year result in 2018
January 23, 2019Based on preliminary calculations, the Finnish EMS estimates that the group's revenue and operating profit (EBIT) in 2018 will be higher than the company’s previous estimation.
Incap signs partnership contract with Corvus Energy
November 15, 2018Incap has signed a manufacturing services partnership contract with Corvus Energy, a provider of advanced maritime energy storage systems. According to the contract, Incap will act as the preferred supplier manufacturing for the new product lines of Corvus.
Incap Group names new CEO
September 18, 2018Mr Otto Pukk has been appointed as the CEO of Incap Group. He joined Incap in November 2015 as the managing director for Incap's operations in Estonia. He also has acted as the interim CEO of the Group as from 25 June 2018.
Strong revenue growth and improved profitability for Incap
August 15, 2018“Our business performance was strong during the first half of the year and especially the second quarter was excellent both as to revenue and operating profit,” says CEO Otto Pukk.
Incap Estonia receives latest version of ISO 13485:2016
July 25, 2018The EMS provider announces that its factory in Kuressaare, Estonia, has successfully passed another audit and is now the only electronics manufacturing services provider in Estonia having the latest version of the ISO 13485:2016 certificate for manufacturing electronics for medical devices and related services.
Incap's CEO Vesa Mäkelä to leave
June 25, 2018Incap Corporation's Board of Directors and the President and CEO Vesa Mäkelä have agreed that Vesa Mäkelä will leave his position.
Incap's revenues increased 26% during 2017
February 13, 2018Revenues for the Finnish EMS provider increased by 26% YoY and the operating profit by 20% YoY. The factory expansion and renewal of production capacity was a key factor for the growth.
Incap appoints new CEO
August 23, 2017Vesa Mäkelä has been appointed President and CEO for Incap Corporation as from 1 December 2017.
Incap Group’s CEO to change
July 19, 2017Ville Vuori, President and CEO of Incap Group has resigned and will pursue his career in the service of another company.
Incap had everything on the plus side in 2016
February 21, 2017Incap Group's revenue in 2016 increased by 26% and the operating profit grew by 19% year-on-year – the company also completed the construction work of the factory expansion in India during the year.
Incap with new Indian manufacturing facilityLoad more news
February 01, 2017The expansion of Incap's production premises in Tumkur was completed on schedule