Help in the most difficult moments
After years of prosperity, MICo found itself in existential trouble in 2022 due to loss-making projects, unsuccessful investments, rising material costs, complications in fulfilling orders during the COVID-19 pandemic, and other factors.
In a crisis situation, MICo was saved by the CE Industries holding company owned by Czech entrepreneur Jaroslav Strnad. The new owner has agreed to maintain production at both manufacturing plants. Under new management, MICo is thriving once again.