ÖRNSKÖLDSVIK, SWEDEN – Kitron plans to build a new, larger production facility for its subsidiary Kitron Eltech in Örnsköldsvik, Sweden, to support expected growth tied primarily to defense programs.
HELSINKI, FINLAND – Scanfil reported strong first-quarter results, with revenue rising 19% year-over-year to €229.1 million ($248 million), driven by acquisitions and continued organic growth.
STOCKHOLM, SWEDEN – NOTE reported first quarter sales of SEK 962 million ($88 million), down 6% organically year-over-year, as cautious market conditions weighed on demand despite continued strength in defense-related business.