Breaking down the Nordic EMS market – a top 10 list
March 27, 2025
The Nordic EMS industry is thriving, with over 74 companies in Sweden, 39 in Finland, 28 in Denmark, and 17 in Norway competing for market share. As the industry experiences continued growth, fuelled by continuous innovation and a changing technology landscape, the top players are cementing their dominance.
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Incap Slovakia upgrades its PCBA cleaning
March 18, 2025
Incap Slovakia has introduced a new washing system for PCBA cleaning, aiming to improve product quality, operational efficiency, and sustainability.
Incap invests in X-ray technology at its Estonian factory
March 05, 2025
EMS provider Incap has enhanced its quality control capabilities at its operations in Saaremaa, Estonia, with a new high-resolution X-ray system.
Incap Slovakia enhances operations with API
February 13, 2025
EMS provider Incap has upgraded its operations in Slovakia, boosting the quality and efficiency of its SMT production with the implementation Automated Paste Inspection (API) – a high-precision system that ensures the accuracy and consistency of solder paste printing.
Incap India invests in new SMT technology
January 28, 2025
EMS provider Incap has invested approximately EUR 1 million in a new SMT production line at its third factory in Tumkur, India.
Incap UK boost manufacturing through strategic investments
August 15, 2024
In the electronics manufacturing industry, local engineering- and manufacturing support are essential components. A flexible approach and large investments are part of EMS provider Incap UK's strategy to address these growing demands.
Incap US adds Spider dispensing machine from Essemtec
June 18, 2024
EMS provider Incap US has added a Spider dispensing machine from Essemtec, marking a significant advancement in Incap US’s electronics manufacturing capabilities.
Incap's 1Q24 revenues decreased YoY, as expected
May 08, 2024
EMS provider Incap recorded revenues amounting to EUR 51.4 million during the first quarter of 2024, a decrease of 29.3% from the same quarter last year. However, compared to the previous quarter, the company's revenues grew 21.1%.
Helena Maripuu joins Incap as group communication and IR lead
April 04, 2024
As of April 1, 2024, Helena Maripuu has joined the headquarters and team of EMS provider Incap to take the lead in managing processes for Group communication and Investor Relations.
Incap Slovakia invests in new production machinery
March 20, 2024
EMS provider Incap has upgraded its second SMT production line in Slovakia, replacing it with advanced SMT machinery.
Incap continues to bet on India
November 02, 2023
Incap India continues to enhance its production capabilities by equipping its new factory in India with the latest technology.
Incap adapts its workforce to match production volumes
October 26, 2023
In its business review for January–September 2023, EMS provider Incap disclosed that since the beginning of the year, the company has reduced its workforce by 1,136 people at its factories in India.
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.
Incap updates its outlook for 2023
October 06, 2023
Incap estimates that its revenue for 2023 will be EUR 210–220 million and EBIT EUR 24–28 million. The outlook includes the newly acquired Incap US (Pennatronics Inc.) business.
Incap upgrades its machine park in Slovakia
August 14, 2023
Earlier this summer, EMS provider Incap completed a major expansion project at its location in Slovakia. Now it's time to add additional production equipment.
David Spehar to head Incap’s operations in the US
July 10, 2023
On July 5, 2023, EMS provider Incap closed its acquisition of Pennsylvania-based electronics manufacturer Pennatronics Inc. The US company is now a fully owned subsidiary of Incap Corporation and will be named as Incap Electronics US, Inc.
Incap completes its acquisition of Pennatronics
July 06, 2023
Just two days after Incap signed an agreement to acquire Pennsylvania-based EMS provider Pennatronics the deal has been completed.
Incap acquires US-based EMS provider
July 03, 2023
Finnish EMS provider Incap has entered into an agreement to acquire 100% ownership of Pennatronics Inc., a US EMS company with manufacturing operations in Pennsylvania, USA.
Incap expands production in Slovakia due to increasing volumes
June 30, 2023
Incap Slovakia finalised expanding its production area and floor space in the Námestovo factory by adding 1,200 square metres to the existing production area of 5,200 square metres.
Incap's third facility in India stands ready to operate
May 25, 2023
EMS provider Incap has inaugurated its third manufacturing facility in its production unit in Tumkur, India, which serves customers globally.
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.
Incap pulls back on its expectations for 2023
April 18, 2023
EMS provider Incap estimates that its revenue and operating profit (EBIT) for 2023 will be lower than in 2022.
Incap's expansion in India is progressing according to plan
April 05, 2023
The construction of EMS provider Incap's third factory in India is being finalised and the production ramp-up already began at the end of the first quarter of 2023 as planned.
Incap reports all-time high revenue and profitability
February 22, 2023
The EMS provider ended 2022 with another strong quarter with revenue of EUR 78.7 million, which led to full-year 2022 revenue reaching EUR 263.8 million, an increase of 55% compared to 2021.
Incap invests in new Mirtec 3D AOI system from Bentec
February 06, 2023
Incap Electronics UK Ltd. has purchased a Mirtec MV-3XL OMNI with increased maximum PCB load size, angled cameras and Z-axis via Bentec Ltd.
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.
Incap reports revenue growth of 50% in 3Q
October 28, 2022
The EMS provider reports significant increases in its interim report for the third quarter. “We continue to see a growing demand in several segments from existing and new customers,” says CEO Otto Pukk.
Incap raises its outlook for 2022
October 19, 2022
The EMS provider says that it estimates its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2022 to be significantly higher than in 2021.
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.
Electronics component expert joins Incap
August 19, 2022
Hanno Septer has joined electronics manufacturing company Incap and will work on the strategic sourcing and purchase of the international company.
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