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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.

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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.

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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.

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