Thomas Gottwald takes on the role of CTO at Schweizer
April 24, 2024
The Supervisory Board of Schweizer Electronic AG has appointed Thomas Gottwald to the Executive Board as CTO (Chief Technology Officer) for a period of years with effect from 1 May 2024.
Schweizer: outlook for 2024 remains positive
March 29, 2024
The preliminary and unaudited results of the Schweizer Group confirm the completed turnaround in 2023. Sales rose to a record of EUR 139.4 million, exceeding expectations with an increase of 6.4%.
Schweizer and Trilogy to tackle the North American market
October 10, 2023
German PCB and embedded solutions manufacturer, Schweizer Electronic, has entered into a strategic marketing agreement with Trilogy to represent Schweizer's PCB and Semiconductor Embedding solutions in North America.
Schweizer completes the sale of SEC shares to WUS
May 01, 2023
The sale of the majority of Schweizer Electronic (Jiangsu) (SEC) to WUS Printed Circuit (Kunshan) has successfully been completed. At the same time, WUS increased its capital with SEC in order to refinance the company and to advance the capacities for the production of the chip embedding technology.
Following a lukewarm 2022, Schweizer expects a turnaround in 2023
April 13, 2023
Based on preliminary – and unaudited – figures, the Schweizer Group achieved consolidated revenues of EUR 131.0 million for the 2022 financial year. This corresponds to an increase of 6.8% compared to the previous year and within the company's forecast of 5% to +10% growth.
Schweizer reduces stake in SEC to 30%
December 22, 2022
Schweizer Electronic AG entered into an agreement to sell approximately 57% of the shares in Schweizer Electronic (Jiangsu) Co., Ltd. (SEC) to WUS Printed Circuit (Kunshan) Co., Ltd.
Sales increased by 10.5% for Schweizer
November 04, 2022
Despite a challenging market environment, new orders rose by 18.7% in the first three quarters of 2022 compared to the volume of the same period the previous year and amounted to EUR 152.7 million.
Schweizer moves towards a new record year
January 11, 2022
The fourth quarter of 2021 resulted in significant new orders for Schweizer Electronic AG of around EUR 47 million. This means that a record order in-take of EUR 175.2 million was achieved last year - more than twice as much as in the previous year and 20% above the record year of 2015.
Schweizer expands and opens unit across the Atlantic
November 15, 2021
Germany's Schweizer Electronic AG, is furthering its global presence. Under the name Schweizer Electronic Americas, Inc. the PCB manufacturer has founded its own sales company in the USA, based in Wilmington, Delaware.
Schweizer's sales increased by 31% compared to 2020
November 09, 2021
PCB manufacturer Schweizer says that new orders in the first three quarters of 2021 were significantly higher than in the same period last year and in the first three quarters of 2019. The high growth in sales continued in the third quarter of 2021 compared as compared to last year. The fourth quarter however, is expected to see a slowdown in the economy and therefore lower sales momentum.
Nicolas to continue to lead Schweizer
September 29, 2021
The Supervisory Board of Schweizer Electronic AG decided that the company’s current CEO, Nicolas Schweizer, will continue to lead the company until end June 2027.
Schweizer's sales increased by 31% in 1H21
July 28, 2021
According to preliminary figures, the Schweizer Group achieved consolidated sales of EUR 59.4 million in the first half of 2021, compared to the first half of 2020: EUR 45.4 million.
Schweizer achieves IATF certification at its Jintan, China plant
July 22, 2021
A little over a year ago, production was launched at Schweizer's new high-tech plant in Jintan (China). Now, the company is celebrating another important milestone for the plant in China as it has achieved IATF 16949:2016 certification.
Schweizer confirms significant growth for 2021
June 28, 2021
During its Annual General Meeting, Schweizer Electronic's CEO Nicolas Schweizer and CFO Marc Bunz looked back on a challenging 2020.
Sales up 6.9% in the first quarter for Schweizer
May 07, 2021
Despite the effects of the Covid-19 pandemic the Schweizer Group was able to benefit from the global economic recovery.
Schweizer exceeds projected sales figures for 2020
April 26, 2021
The Schweizer Group achieved consolidated sales of EUR 98.3 million in the 2020 financial year, exceeding the projected sales of between EUR 87 and 93 million.
Technosystems delivers automation systems to Schweizer
March 17, 2021
PSC manufacturers are investing in the automation of their production facilities; especially now in these challenging Corona times.
Schweizer reaches another milestone at PCB plant in Jintan
November 19, 2020
After the new Jintan plant (China) received its ISO 9001 certification at the beginning of the year, another important milestone for supplier qualification of the automotive market has been reached with the successful completion of the VDA 6.3 audit in Jintan.
The business situation has stabilised again for Schweizer
November 09, 2020
The company says business development for the group stabilised again during the third quarter. The positive revenue momentum for this period came predominantly from the automotive sector.
Schweizer inks sales representative agreement with South Korea company
August 25, 2020
The German PCB manufacturer and Varikorea Co., Ltd have entered into a sales representative agreement for South Korea. Under the agreement, Varikorea is entitled to promote Schweizer's high-tech printed circuit boards and embedding solutions in the territory. With this, the German company is now entering the Korean electronics market
Schweizer: decline in sales still within rather pessimistic expectation
July 29, 2020
Due to the effects of the COVID-19 pandemic, preliminary figures show that Schweizer’s business performance in the first half of 2020 was significantly weaker than in the previous year.
Schweizer starts production at its new location in China
May 26, 2020
Following a construction period of one and a half years, production has now started at the company’s new high-tech printed circuit board plant in Jiangsu, China.
Schweizer posts lukewarm results for 2019
April 21, 2020
Schweizer Electronic AG confirms consolidated figures for 2019 and provides an outlook for 2020; revenues and EBITDA are in line with revised expectations
Nicolas-Fabian Schweizer appointed as Schweizer's new CEO
April 14, 2020
The Supervisory Board of Schweizer Electronic AG has decided to appoint Nicolas-Fabian Schweizer as the company's new CEO and Mr Marc Bunz as Deputy CEO.
Schweizer posts an operative loss of €6.5 million for 2019
March 19, 2020
In the first half year 2019 Schweizer was hit by the slowdown of demand in the automobile as well as the industry sectors leading to a turnover decline of 5.7%. The turnover recovered in the second half year showing a minus of 1.6% against previous year’s period.
Schweizer signs distribution agreement with Nagase
January 09, 2020
Schweizer Electronic AG and Nagase & Co., Ltd. have entered into a sales distribution agreement for Japan.
Neutronics to represent Schweizer in the USA and Canada
October 30, 2019
Schweizer Electronic AG says that the company has entered into a sales representative agreement with Neutronics Solutions Inc. for the USA and Canada.
Schweizer Electronic: Turnover down by 5.7% in 1H/2019
August 01, 2019
According to preliminary figures the Schweizer Group achieved a turnover of 60.2 million euro (2018: 63.9 million euro) in the first half year 2019. This is equivalent to a decline of 5.7 percent.
Schweizer receives Nadcap accreditation
May 28, 2019
Schweizer announces that it has received Nadcap accreditation for electronics for its commitment to continual improvement in aerospace quality.
Schweizer confirms turnover growth of 3.7% for 2018
April 18, 2019
The Schweizer Group closed the accounts in 2018 with a turnover growth of 3.7% to EUR 125.3 million euro compared with EUR 120.9 million in 2017.
Turnover growth of 3.7% slightly above expectations for Schweizer
March 22, 2019
Preliminary unaudited figures state, PCB manufacturer Schweizer Group expects a turnover of 125.3 million euro for the fiscal year 2018.
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