Record turnover for NOW Electronics in its first year as a Vironova-owned company

A lot has happened at NOW Electronics since it became part of Vironova AB in December 2015. In August 2016, Mikael Wik was appointed as the new CEO. NOW’s founders, Per Neihoff and Henrik Wallin, who have together led NOW since 1985, continue to actively support the growth of NOW through sales and business development.

Together the new team has managed to beat all previous sales performance and deliver a turnover in 2016 of 25,9 MSEK, which is more than any other previous year.

“Acquisition of NOW is of great value in strengthening our technical edge, for example in developing the camera for MiniTEM and technical robustness of the system. We look forward to many more advances in the TEM technology and infrastructure.”  Mohammed Homman, CEO, Vironova.

NOW continues to grow, with a focus on new recruitments. The latest new addition to the team is a female with a degree in mechanics – particularly notable in this traditionally male-dominated sector.

Moving forward, the company will develop the current concept, focusing on profitable, long-term industrial projects but also exploring opportunities in the life science sector. At the same time NOW will maintain its in-house consulting with stimulating, technologically complexity projects that provide challenges, personal development and a feeling of community in the NOW team.

“It has been a truly exciting year for NOW and for myself in my new role as CEO. In a year of consolidation, new ownership and generation shift it’s very satisfying that our business has grown the way that it has. It tells us that we’re on the right track and the future looks promising.”  Mikael Wik, CEO, NOW Electronics

About NOW Electronics

NOW helps companies develop the software and electronics of tomorrow. In business since 1985 and owned by Vironova AB, NOW is situated in Kista, Stockholm. Highly experienced staff, a well-equipped electronics lab, modern tools for software development and a self-developed quality system allow NOW to develop products and systems that fulfil demanding customer requirements. NOW offers outsourcing as well as development in-house, consulting services, design inspections, system work and development of complete solutions. A close cooperation with subcontractors allows mass production of products in industry, military applications and medicine.  Read more here.

Contact:

Mikael Wik, CEO NOW Electronics, mikael.wik@now.se, +46 (0)70-377 36 68

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