Flexible Electronics News

Five Million Euros Invested into Confidex

Company specializes in contactless RFID technologies

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By: DAVID SAVASTANO

Editor, Ink World Magazine

A state-owned equity firm, Suomen Teollisuussijoitus Oy (Finnish Industry Investment Ltd.), Aura Capital Oy and previous owners have invested a total of €2.7 million into Confidex Oy, which develops contactless RFID technologies. An additional €2.3 million loan was granted by Finnvera and the Sampo Bank Plc. The main business areas of Confidex include contactless ticketing for mass transportation applications and durable high-performance RFID tag solutions for logistics’ returnable transit it...

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