Due to our rapid growth and increasing customer demand, we have been looking for a suitable place to expand our Eastern European presence.
Enics, one of the leading electronics manufacturing services (EMS) providers focused on Industrial and Medical Electronics, and ZTS Elektronika (ZTS), a leading Slovakian EMS company, have signed an agreement in which Enics agrees to purchase certain assets of ZTS in Nova Dubnica in the Slovak Republic.
The transaction is estimated to be completed within the coming weeks after the necessary approvals from authorities are obtained.
“Due to our rapid growth and increasing customer demand, we have been looking for a suitable place to expand our Eastern European presence. Slovak Republic is an ideal solution to us, because it is centrally located, close to the large markets of Central Europe, and provides excellent connections also to Western and Southern Europe”, states Mr. Reijo Itkonen, President and CEO, Enics AG.
“This acquisition gives Enics a head-start for its second Eastern Europe production facility. We get quick access to suitable facilities and can tab into a large pool of competent workforce resident in this area. We estimate our operation to be fully up to speed already during the next quarter”, says the leader of the integration process Mr. Kari Leivo, Director Quality, Enics AG.
Enics annual turnover in 2006 was MEUR 279. The company employs 2500 people in China, Estonia, Finland, Sweden and Switzerland. The group is headquartered in Baden, Switzerland.
President and CEO
Enics is one of the leading electronics manufacturing services (EMS) companies in the industrial and medical electronics field and provides end-to-end solutions consisting of design-support, NPI, manufacturing, supply chain management and after-sales services for the whole lifecycle of its customers’ products. More information on the company is available at www.enics.com
Dirk Zimanky, Senior Vice President, Enics AG tel. +41 79 593 99 92
Kari Leivo, Director Quality, Enics AG tel. +358 50 344 2317