Enics Sweden Negotiating Plans to Ramp Down Malmö Facility

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Enics Sweden AB has announced a legal negotiation period with Swedish employee unions on June 12, 2017.

"To secure sustainable and long-term profitability in the Swedish operations and overall competitiveness in the global market, we need to assess the feasibility of continuing with two operational units in Sweden. Therefore we have initiated a consultation process with Swedish employee unions to discuss the plan to transfer the Malmö factory business to other Enics Business Units, consolidate the Swedish operations in Västerås and execute a controlled ramp-down of the Malmö operations without disturbing customer relations," said Hannu Keinänen, president and CEO of Enics Group.

"Our target is to further solidify and enhance our position as full-service provider of high-value add EMS services in Sweden, close by our key customers' R&D centers."

About Enics

Enics is the partner of choice for professional electronics in the fields of energy, industrial automation, transportation, building automation and instrumentation. As one of the largest electronics manufacturing services (EMS) providers in the world in the Industrial Electronics segment. Enics helps industrial OEMs to optimize their value chains and improve their competitiveness through increased productivity and product reliability as well as decreased time-to-money and total cost of ownership. Enics provides end-to-end EMS services ranging from engineering, full-scale manufacturing and after sales services to sourcing and supply chain management. Enics’ world-class offering includes fast prototyping, new product introduction, cost reduction services, test system development, printed circuit board assembly, box build, system assembly, as well as repair and maintenance.

For more information, visit www.enics.com.