It is reported that Optogan Group of Finland has acquired the industrial facility of CJSC Elcoteq in St. Petersburg, Russia. CJSC Elcoteq is a subsidiary of Elcoteq SE of Russia. Elcoteq started the production of electronic devices and telecom equipment on its plant in St. Petersburg, Russia in 2006. Total area of the fab is 15 500 m2, and its production area is over 5 000 m2.

In line with its strategy of leveraging its capabilities into new product segments with growth potential, Elcoteq has successfully started serving customers in selected lighting segments. Philips Lighting, a leading provider of solutions and applications for both professional and consumer markets, has chosen Elcoteq for a global growth partner of its Solid-State Lighting business.