ARAD, ROMANIA -- Cicor will double the size of its production site here by the end of 2016, the EMS firm said yesterday.

The EMS firm is also building a competence center in Bronschhofen, Switzerland, where it will work on product development and efficiency. The firm will relocate its management to the site next August.

The measures are being taken to boost profitability and generate EBITDA margin over 10%, Cicor said. This is in addition to plant shutdowns and mergers announced last month.

• Prev
• Next