CHERNIHIV, UKRAINE – IKT Group has opened a contract electronics assembly factory in Plovdiv, Bulgaria. The new plant is the EMS company’s third in Europe.

The company said it chose the location for its proximity to customers in the European Union and Israel, and to lower risks associated with production in its native Ukraine. After considering several countries in Eastern Europe, Bulgaria was selected for its investment climate, vibrant electronics sector and growing economy.

The company has procured lines from Juki, PBT Works, and Olamef, among others, for the new plant, which is called IKT Electronics.

IKT also has sites in Israel and Ukraine.

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