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Health technology company NewIcon outsources product development and engineering to Etteplan

Press release – Published: 04.03.2021 12:00:00

Etteplan Press release March 4,  2021 at 12.00 noon EET

Health technology company NewIcon that specializes in pharmacy automation systems outsources its product development and Engineering-to-Order functions to Etteplan. The outsourcing is part of NewIcon’s wider restructuring plan. According to the contract, four NewIcon’s specialist in Kuopio and Jyväskylä, Finland will transfer to Etteplan as existing employees as of March 1, 2021.

”NewIcon’s outsourcing strengthens Etteplans position and competences in health technology. I warmly welcome the product development and engineering specialist from NewIcon to the Etteplan team”, says Riku Riikonen, Senior Vice President of Engineering Solutions at Etteplan.

”The outsourcing brings flexibility and cost competitiveness to our operations and the needed additional resources to our product development. It also allows us to concentrate on our core competences: digitalization and automatization of our customers’ pharmacy processes in hospitals and pharmacies. For our personnel transferring to Etteplan the move offers great development opportunities while working in various projects in a bigger internationally operating engineering company”, says Chief Operating Officer Juha Anttila from NewIcon.

Additional information:
Riku Riikonen, Senior Vice President, Engineering Solutions, Etteplan, tel. +358 50 522 8255
Outi Torniainen, Senior Vice President, Marketing and Communications, tel. +358 10 307 3302

NewIcon in brief

NewIcon is a health tech company specialising in pharmacy automation systems based on advanced software and robotics. Hospitals and pharmacies everywhere in the world value Finnish health technology which enhances safe, efficient and rational pharmaceutical service. In 2019 NewIcon had a Revenue of EUR 7.6 million and some 60 employees in Finland.

Etteplan in brief

Etteplan provides solutions for industrial equipment and plant engineering, software and embedded solutions, and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products. In 2020, Etteplan had a turnover of approximately EUR 260 million. The company currently has some 3,300 professionals in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker.