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Kongsberg Automotive Holding (OSE)

Siste +/- % Kjøp Selg Høy Lav Omsetning Tid
5,44 -0,08 -1,45 5,44 5,47 5,64 5,31 32 867 068 17:56

KOA: Kongsberg Automotive wins important contract to the russian market

08.des.08 14:18

 
 
Kongsberg, 8 December 2008. 
 
Kongsberg Automotive (KA) has booked an order valued at MEUR 4,3 (40 
MNOK). The new business includes delivery of Seat Heat to the Russian 
market, where a German automaker is preparing the launch of a small 
sized car. 
 
"The customer is one of Europe's leading carmakers and this contract 
represents a door-opener to the emerging Russian automotive market", 
says Hans Peter Havdal, President of Automotive Systems at KA. 
"Further, this contract is the first ever to this particular 
carmaker, and we expect new business opportunities to follow as a 
result of this award", he concludes. 
 
 
### 
 
Kongsberg Automotive is headquartered in Kongsberg, Norway and has 
more than 50 facilities in 20 countries on all continents. Kongsberg 
Automotive, with revenues of about EUR1 billion and over 9.500 
employees, provides system solutions to vehicle makers around the 
world. The product portfolio includes gearshift systems, cables for a 
wide variety of applications, fuel lines, tubing and hoses, 
couplings, clutch actuation, stabilizing rods, seat heaters, seat 
ventilation, lumbar supports, head restrains, arm rests, steering 
columns, pedals, electronics and displays. Find more information at 
www.kongsbergautomotive.com. 
 
### 
 
For further information, please contact: 
Hans Peter Havdal 
President, Automotive Systems 
Phone:+4732770520. Mobile:+ 4792065690 
 
Ronny Lie 
Director Communication 
Phone : +4732770511. Mobile : +4791610798 
 
### 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
Copyright © Hugin AS 2008. All rights reserved. 



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