Elcoteq to re-open 2 plants in Estonia

Elcoteq will re-open its second plant in Tallinn, Estonia, at the beginning of 2003. This plant was originally completed in early 2001 to start manufacturing communications network equipment products. As the market slowdown became clearly evident that year, Elcoteq decided in the fall of 2001 to close the Tallinn 2 plant for the time being and move its production to the other Elcoteq Tallinn plant, which mainly concentrated on manufacturing terminal products. Since then the Tallinn 2 plant has been used as a warehouse for customers' products."We will move communications network equipment production to the Tallinn 2 plant, which is what the plant was originally designed for. This transfer of production involves 200-300 people. Our primary reason for re-opening the plant is that we need more space for manufacturing terminal products in the other plant," says Mr Risto Gaggl, General Manager of Elcoteq's Tallinn plants.Elcoteq has had a manufacturing operation in Tallinn since 1992. Currently Elcoteq employs 2,000 persons in Tallinn, which is 200 more than at its lowest during 2002. Elcoteq Group now has altogether 8,500 employees.