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HANZA Strengthens Cluster Concept Strategy in China
September 5, 2016 | HANZA Holding ABEstimated reading time: Less than a minute
HANZA Holding AB has appointed Marco Gentili as new manager of HANZA China.
"It's a very engaging mission to lead HANZAs business in China," said Gentili, who has an extensive experience of running businesses in China. "The possibilities are numerous and there already exists a good foundation on which the business can be further developed."
HANZA has two production plants outside of Shanghai, China. To further enhance the support to customers in need of local production in China, the management of the plants are coordinated in accordance with HANZA’s cluster concept.
The cluster concept coordinates various manufacturing technologies in geographical areas, which are important to the group’s customers. The cluster concept has been strengthened in Europe and now actions are made in China.
"Rethinking is needed because the manufacturing map has changed," said Erik Stenfors, CEO of HANZA. "In China, production decreases for Europe, while production for the local market increases. We are developing a structure for manufacturing flow in China, which, combined with the Europe manufacturing flow, creates high customer value."
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HANZA Revises Financial Targets for 2025
02/15/2024 | HANZAHANZA AB revises the financial targets for 2025. The sales target is raised to SEK 6.5 billion and the 8% operating margin target is increased to apply to the full year 2025.
HANZA Completes the Acquisition of Orbit One
01/08/2024 | HANZAHANZA AB has today, January 4, completed the acquisition of Orbit One AB, one of the Nordic region's leading contract manufacturers of electronics and electromechanics with factories in Sweden and Poland.
HANZA Acquires Orbit One
12/05/2023 | HANZAHANZA AB has signed an agreement to acquire all shares in Orbit One AB, a Swedish company that offers contract manufacturing of electronics and electromechanics. Orbit One has annual sales of approximately SEK 1.1 billion with an operating profit (EBITA) of approximately SEK 70 million.
HANZA Acquires Property in Sweden for Continued Expansion
06/26/2023 | HANZAHANZA buys a property in Töcksfors with an adjacent plot, which enables the expansion of the company's manufacturing cluster in Sweden.
HANZA Signals Good Growth
10/07/2022 | HANZAHANZA reports that one of its new customers for this year, a global developer of digital solutions, will double its order value next year to about SEK 60m. HANZA cites manufacturing flexibility and ability to meet high security demands as factors behind the order increase.