FINLAND & ITALY – Scanfil has announced a strategic merger with Italian-based MB Elettronica, building its position in the European EMS market. The move brings Scanfil’s global factory count to 16 across four continents and grows its workforce to over 4,500.
STOCKHOLM – Mycronic reported strong financial results for the second quarter, prompting the company to raise its full-year revenue outlook to $710 million, up from a previous forecast of $660 million – $710 million.
NORWAY – Kitron reported second-quarter results, with revenue reaching $187.2 million, driven by continued strength in the Defense & Aerospace market and growth in the Industry sector. The company also raised its full-year outlook on the back of strong momentum and newly secured contracts.