Nordic EMS firms step up M&A pace with defence-driven expansion March 26, 2026 M&A activity among Nordic EMS providers accelerated in 2025, with six companies completing nine acquisitions, reflecting a clear push toward international expansion and increased exposure to high-growth sectors.
PPC partners with Metlen to develop 1,500MW BESS in Europe March 09, 2026 The purpose of the joint venture is the development, construction and operation of a portfolio of BESS projects of up to 1,500 MW / 3,000 MWh in Romania, Bulgaria and Italy, of which 1,000 MW are expected to be implemented within the next 12 months.
Ralf Hasler joins Incap's management team March 02, 2026 Having officially closed its acquisition of Lacon Group, EMS provider Incap Group has appointed Dr Ralf Hasler as the Director of Operations, Germany and Romania, and member of Incap Group’s Management Team.
European EMS downturn continues as modest recovery eyed for 2026 February 27, 2026 At Evertiq Expo Warsaw on 23 October 2025, Mareike Haass of market research firm in4ma and Christoph Solka of the Global Electronics Association presented new data showing a European EMS industry still struggling to recover from a sharp post-pandemic correction.
Incap completes its acquisition of Lacon Group February 20, 2026 In early December last year, Finnish EMS provider Incap Corporation signed an agreement to acquire 100% ownership of Lacon Group, an EMS company with facilities in Germany and Romania.
Thales to recruit more than 9,000 employees in 2026 February 19, 2026 French aerospace, defence and electronics company Thales says it plans to recruit more than 9,000 employees globally in 2026.
Hanwha Aerospace breaks ground on armoured vehicle plant in Romania February 17, 2026 South Korean defence group Hanwha Aerospace has broken ground on a new armoured vehicle production facility in Romania, marking the company’s first manufacturing site in Europe.
Contac Solutions acquires French SMS Ingénierie February 17, 2026 Swedish cable harness manufacturer Contac Solutions has acquired SMS Ingénierie SARL in Nîmes, southern France.
Aumovio to cut up to 4,000 R&D jobs worldwide by end of 2026 February 12, 2026 Automotive technology company Aumovio plans to reduce up to 4,000 research and development positions globally as part of measures to improve efficiency in a challenging market environment, the company said.
EU launches NanoIC, Europe’s largest Chips Act pilot line February 09, 2026 The European Union has inaugurated NanoIC, its largest pilot line under the Chips Act, at IMEC Leuven in Belgium. The facility represents a total investment of EUR 2.5 billion, of which EUR 700 million coming from EU funding, EUR 700 million from national and regional governments, and the remainder from industry partners, including ASML.
Incap to acquire Germany-based Lacon Group December 04, 2025 Finish EMS provider Incap Corporation has agreed to acquire Lacon Group, a German EMS and ODM company, in a transaction valued at a minimum of EUR 50 million.
Quantum Systems triples valuation, raises €180 million December 01, 2025 The new capital will fuel its multi-domain expansion across air, land, and maritime use cases. The German drone maker will accelerate its AI, software, and hardware development across all domains, connected by the multi-domain mission software MOSAIC UXS.
Varroc to supply High Voltage electronics to EV OEM customer December 01, 2025 Under the agreement, the Indian automotive supplier will deliver comprehensive High Voltage Electronics for a range of high-performance e-powertrain components, including power electronics unit, inverters, onboard chargers, BMS, and DC-DC converters.
Orbotix secures €6.5M to boost AI drone systems October 02, 2025 Warsaw-based Orbotix Industries, a Polish-Romanian DefenseTech startup, has raised EUR 6.5 million to accelerate the development of autonomous drone systems supported by artificial intelligence. The funding round was led by U.S. fund Bravo Victor Venture Capital (BVVC), with participation from European investors Gustav Söhne Verwaltung and Leryon Global Holdings.
Northrop Grumman to offer advanced ground-based radars to Romania August 11, 2025 The radar will deliver advanced capabilities and performance against today’s most sophisticated threats while also providing interoperability with command-and-control systems employed by NATO countries, including the United States.
Cybersecurity isn’t optional – it’s a responsibility May 22, 2025 As cyber incidents surge across Europe, the topic of cybersecurity is taking on a whole new dimension. No longer confined to the realm of IT specialists, it has become a pressing operational challenge for electronics manufacturers, system designers, and decision-makers across the industry.
Hanwha signs MoU with leading universities to boost defense R&D May 15, 2025 Under the partnership, Pusan National University and Politehnica University of Bucharest will collaborate on scholarship programs, internships, talent recruitment, defense education, and the future operation of an on-campus R&D center in Romania.
Quantum Systems raises €160M to boost aerial intelligence solutions May 13, 2025 German company Quantum Systems’ drones and intelligence systems are currently used by NATO-aligned forces, including those in Germany, Ukraine, Australia, New Zealand and Spain.
Ericsson sets up antenna manufacturing in India April 22, 2025 Ericsson Antenna System (EAS) is expanding its local manufacturing footprint in India, positioning the country as a strategic innovation hub within the Swedish telecom company's global network.
NXP could cut 1,800 jobs amid market headwinds February 05, 2025 The Dutch semiconductor company has a total workforce of over 34,000 employees, including about 2,500 in the Netherlands.
Haier Europe to streamline its production operations January 30, 2025 Haier Europe has disclosed plans to streamline its manufacturing operations in Europe, consolidating production capacity in a few large-scale sites and reviewing costs and processes to enhance operational efficiency.
NXP secures €1B EIB loan to advance semiconductor innovation January 16, 2025 NXP Semiconductors has secured a EUR 1 billion loan from the European Investment Bank (EIB) to advance the company’s RDI investments across its broad portfolio of semiconductor solutions.
EU makes a push to boost European AI innovation December 12, 2024 The European High Performance Computing Joint Undertaking (EuroHPC) has selected seven proposals to establish and operate the first AI Factories across Europe.
Cicor strengthens its market position in Germany via acquisition December 03, 2024 EMS provider Cicor continues its expansion spree with yet another acquisition, this time the company is looking to strengthen its market position in Germany.
East-West contrasts shape Europe’s EMS landscape November 19, 2024 On 24 October 2024, industry analyst and in4ma founder Dieter G. Weiss addressed the audience at the Evertiq Expo Warsaw, sharing insights into the European EMS landscape. Weiss offered a comprehensive overview of the sector’s dynamics, particularly in Central and Eastern Europe, highlighting market trends, labour challenges, and economic shifts.
Cicor acquires NEP, in talks to acquire German EMS firm November 08, 2024 The acquisition of Nordic Engineering Partner gives Cicor a presence in Sweden, one of Europe’s leading markets for advanced electronics in healthcare tech, industrial and aerospace & defence sectors.
Kimball reports 70% drop in Q1 profit, Tampa plant to be shut November 06, 2024 Kimball Electronics’ net income dropped from USD 10.8 million to USD 3.2 million. The Jasper, Indiana-based company posted a Q1 revenue of USD 374.3 million.
Benchmark opens expansion in Romania August 08, 2024 EMS provider Benchmark's expansion in Brasov, Romania, more than doubles the company's manufacturing capacity and will add 500 new jobs in the region.
Syntronic expands in Europe – opens new site in Romania July 04, 2024 Swedish design house Syntronic is taking a new step forward in its expansion with the opening of a new permanent site in Romania.
Variosystems acquires Schurter Solutions July 02, 2024 Variosystems continues its growth path and takes the next step towards doubling its revenues by 2026 – exceeding CHF 500 million. The Steinach-based electronics service partner takes over Schurter Solutions, the EMS division of electronics components manufacturer Schurter.
EU Chips Act to attract EUR 100bn of private investment? May 23, 2024 European Commission officials believe the EU Chips Act can attract huge inwards investment and propel the continent's semiconductor space to global prominence by 2030.
Contac Solutions acquire Weka kabelkonfektion April 23, 2024 Swedish Contac Solutionn acquires Weka Kabelkonfektion GmbH in Lilienthal outside Bremen, Germany. Weka has a long history of manufacturing cable harnesses and has for several years had a collaboration with Contac.