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.
Infosys to acquire German automotive engineering firm April 22, 2024 India's Infosys has reached an agreement to purchase in-tech, a provider of engineering R&D services to the automotive, rail and smart industry sectors.
Quanta Computer to build production facility in Germany April 17, 2024 Taiwanese Quanta Computer has signed a deal with CTP, a European developer and manager of industrial properties, for a high-tech 22,500 square metre production facility at CTPark Jülich in the Brainergy Park Jülich in northwest Germany.
Siemens to acquire business unit from ebm-papst March 26, 2024 Siemens AG has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst.
Cicor acquires Romanian medtech specialist February 28, 2024 EMS provider Cicor Group is further expanding its engineering capabilities in the medical technology sector through the acquisition of Romanian engineering company Evolution Medtec Srl.
Varta: progress is being made in solving the cyberattack February 27, 2024 One week after the cyberattack on parts of Varta AG's IT systems, initial progress has been made. The task force is currently working with the support of IT forensic experts and data analysts on the step-by-step testing and recommissioning of the systems.
UK group EC Electronics buys Dutch PCBA specialist January 29, 2024 UK-headquartered EC Electronics has acquired Liad Electronics, which specialises in printed circuit board assembly.
NXP's investment plans cover four European countries September 26, 2023 Austria, Germany, the Netherlands, and Romania are all included in NXP Semiconductors’ European expansion plans.
Kontron acquires Altimate for €11.64 million September 18, 2023 Embedded technology specialist Kontron has acquired Altimate, a Romanian company for urban and interurban mobility solutions.
Faulhaber expands with new production building in Romania August 17, 2023 With the extension of its production location in Jimbolia, Romania, the Faulhaber Group is taking a significant step to boost its competitiveness on the market and at the same time satisfy the growing demand for its products.
Schurter expands production facility in Romania July 05, 2023 Schurter has officially opened the expansion of its production site in Romania. With the expansion of the production plant in Romania, the company increases capacities and strengthens customer service.
Enphase Energy starts microinverter production shipments with Flex in Romania June 27, 2023 Energy technology company, Enphase Energy, announces that the first shipments of Enphase microinverters produced with electronics manufacturer Flex in Timisoara, Romania.
Delta Electronics targets e-mobility sector as it agrees to buy TB&C for €142m June 20, 2023 The power and thermal management specialist says a bigger presence in the EV market could help it to achieve double digit growth over the next five years.
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.