Gabor Sirom on Empa Electronics' strategy: R&D, expansion and acquisitions
What happened
Empa Electronics, a Turkish company founded in 1989, reported a 26% increase in revenue in the first half of 2026 compared with the same period of 2025, with total gross profit up 19%. The company plans to sustain growth through three pillars: strengthening R&D capabilities (its continuously expanding R&D centre in Istanbul), geographical expansion across Europe and Asia (a branch opened in Budapest in May last year and another office in Dubai a few months ago), and investing in/acquiring new OEM technology companies to gain access to new technologies. Management believes the growing number of connected devices and rising demand for energy-efficient solutions will keep expanding the industry. These expansion and acquisition plans remain planned, not reported as completed.
Impact and signal
Affected components and suppliers
Source and time
Source: Evertiq · 11/10/2026 · View original source
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