Incap Romania invests in cable assembly for €5m-a-year e-bus project September 30, 2026 Incap Electronics Romania has invested in a new semi-automatic cable processing system to support a recently awarded multi-year electric bus project. The project has an estimated annual value of EUR 5 million.
Panasonic consolidates SMT support and training in Budapest September 29, 2026 Panasonic Factory Solutions has opened a significantly expanded Technical Centre in Budapest, centralising customer support, engineering, service and development activities for Central and Eastern Europe. The facility replaces the company's previous training site in Munich.
ENEVO, Kraftfeld sign EPC contract for 220 MWh BESS in Romania July 20, 2026 Drăgănești-Olt project strengthens ENEVO Group’s position as an EPC partner for utility-scale battery storage in Romania, adding to a portfolio that now stands over 1 GWh of storage projects in execution or already in operation.
Zollner expands capacity, builds phase 2 of Costa Rica project July 17, 2026 With completion of construction, the focus has now shifted to ramping up the new production and logistics operations. The investment lays the foundation for continued growth while strengthening the German EMS provider’s global manufacturing footprint.
Europe holds a 2.5% share of a market it helped build July 08, 2026 New data from in4ma and EMSNOW puts the global EMS and ODM industry at USD 820 billion for 2025 – and Europe's share of that figure is shrinking in relative terms even as the continent's largest players post revenue growth.
Aukera commissions first phase of Gura BESS in Romania June 17, 2026 This marks Aukera’s first operational BESS project in Romania and a significant step in the delivery of the Belgian company’s 250 MW/500 MWh Gura project. Phase two representing an additional 100 MW will soon be under construction.
ebm-papst opens new facility in Romania June 10, 2026 German fan and motor manufacturer ebm-papst has officially opened a new facility in Oradea, Romania, following an investment of approximately EUR 30 million. The site brings together production, research and development, and service functions under one roof.
Trina Storage completes delivery of BESS project in Romania June 09, 2026 The project integrates 32 units of Trina Storage’s Elementa 2 Pro battery storage system together with four Electra AC units, marking the first deployment in Europe of Trina Storage’s Elementa + Electra integrated DC+AC solution architecture.
Repono launches BESS project in Romania with Gunvor and enspired May 22, 2026 Gunvor Group will market and commercially manage 100% of the 202 MW project’s capacity via a cap and floor toll structure, while enspired GmbH will commercially optimize the asset across all existing revenue streams.
Premier Energy to acquire Evryo Group for €700 million May 18, 2026 Distributie Energie Oltenia S.A. operates a regulated electricity distribution network in the southwestern region of Romania. Evryo Power S.A. supports the operations as a service provider.
Incap grows revenue but margins tightens in Q1 April 30, 2026 Finnish EMS provider Incap reported revenue growth of 7.3% in the first quarter of 2026, but profitability fell sharply as component availability issues, foreign exchange headwinds, and acquisition-related costs weighed on the result.
Jantzen gets approval for another BESS in Romania April 23, 2026 Repono 2 is Danish-Romanian renewable energy developer Jantzen Renewables’ dedicated platform of distributed battery storage projects connecting at the 20 kV distribution level across Romania.
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.