LONDON — 2001 Electronic Components has extended its European activities into Finland with its parent company, Torst Holdings, acquiring a majority stake in Fintronic Oy based in Helsinki.

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Fintronic was founded in 1974 and is a design led sales operation with a strong line up of suppliers headed by Linear Technology. Most of the sales team are degree qualified electronics engineers.
"The new structure of Fintronic under the Torst umbrella has allowed us to increase our investment with our suppliers and partners utilising upgraded systems, broader products profile and additional staff," said Janne Vasama, managing director of Fintronic. "We are also expanding our operations in Latvia, Lithuania and Estonia which is already yielding some very promising opportunities and our Russian sales activity is, unsurprisingly, developing some extremely significant market opportunities."