We are now at the beginning of a new era. BEMAC Corporation, as the majority shareholder, together with Mitsui & Co. have entered into a share purchase agreement to acquire 100% of the shares of The Switch group from Yaskawa. The final closing will be subject to a few conditions, like regulatory approvals. This is…
Heat of summer Although the heat of summer is just starting to arrive in Finland, most of us are looking forward to a break when we can spend time with our families and friends – and recharge our batteries. For us at The Switch, we will really need all the energy we can get for…
We just finished our fiscal year of 2022 with a historical number of deliveries. The last two months of January and February helped us recover sales that were impacted by shortages in materials. We did not meet our profitability targets, but as we all know, last year was quite exceptional. I can also proudly tell…
Christmas is again around the corner, and we have started the last quarter of our fiscal year. Although we are living in difficult times, there are several things we can celebrate during the short Christmas break ahead. We have built our first PMM2000 marine shaft generators and are about to start testing them in Lappeenranta.…
