The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
160 jobs Number of planned job creations
Announcement Date
27 February 2006
Employment effect (start)
Foreseen end date
1 March 2008
Description
Incap Corporation (head office in Kempele, Finland) designs and manufactures sub-assemblies and box-build products containing electronic and sheet metal components. Incap operates in six locations in Finland and in Estonia. Incap Electronics Estonia, provides versatile manufacturing services in electronics and box-build assembly. A subsidiary which started in 2000 is located in Kuressaare. At present it employs 100 people and a fast expansion to 140 employees is feasible. The company is building a new plant in Kuressaare and new premises of approximately 3,700 m2 will be completed by summer 2006. The production capacity will be increased through automatic surface mounting lines and testing equipment. As result of expansion, the number of employees will grow up to 250 employees by 2008.
Sources
27 February 2006: Aripaev
Citation
Eurofound (2006), Incap Electronics, Business expansion in Estonia, factsheet number 63087, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63087.
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