-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueBox Build
One trend is to add box build and final assembly to your product offering. In this issue, we explore the opportunities and risks of adding system assembly to your service portfolio.
IPC APEX EXPO 2024 Pre-show
This month’s issue devotes its pages to a comprehensive preview of the IPC APEX EXPO 2024 event. Whether your role is technical or business, if you're new-to-the-industry or seasoned veteran, you'll find value throughout this program.
Boost Your Sales
Every part of your business can be evaluated as a process, including your sales funnel. Optimizing your selling process requires a coordinated effort between marketing and sales. In this issue, industry experts in marketing and sales offer their best advice on how to boost your sales efforts.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - smt007 Magazine
HANZA Expands in Central Europe
June 14, 2016 | HANZA Holding ABEstimated reading time: 1 minute
HANZA Holding AB is expanding its manufacturing cluster in Central Europe. In particular, HANZA's operations in the Czech Republic is expanded with 1,500 sqm and an agreement of strategic cooperation has been signed with Rayservice, a premium Czech manufacturer. This also means a further commitment from HANZA to high-demanding customers in the aerospace & defense industry.
"This expansion is the next important step for HANZA," says Erik Stenfors, CEO of HANZA. "Our manufacturing cluster 'Center of Europe' is growing rapidly, as it is close to the major end markets of Europe. In addition, it is an important landing site for our manufacturing solutions. Therefore, we are conducting a strategic move that includes a business partnership with a leading industry colleague; Rayservice."
Rayservice is a well-reputed specialist manufacturer with about 200 employees, located near to the HANZA's cluster Center of Europe. Rayservice is known for being a premium supplier to customers with high quality standards, such as Boeing and the Czech Army.
"We strongly believe in the cluster concept," says Petr Gabriel, Chairman and founder of Rayservice. "By bringing together expertise, we increase the value of our offering and thus our competitiveness."
Moreover, the strategic cooperation is a step further towards the rapidly growing aerospace & defense sector (aeronautics, space, defense and security).
"Manufacturing of advanced products provide a continuous development of HANZA - for the benefit of both existing and new customers," says Stenfors.
To accommodate additional operations from major customers, HANZA has also launched an expansion of the existing factory in Kunovice, Czech Republic. In a first step, the current premises of 5,000 sqm will be expanded with a further 1,500 sqm. The new part of the plant is estimated to be ready shortly after the summer, when more machinery and equipment will be installed.
Suggested Items
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.