Strategically important agreement of about NOK 100 million

(Thomson Reuters ONE) - (2010-02-04) Kitron ASA's subsidiary Kitron AS has been awarded a new industrialproject as part of a long term relationship with Danaher Motion Stockholm AB.The agreement covers development, industrialisation and manufacturing services,and represents a unification and strengthening of the co-operation betweenKitron AS and Danaher Motion Stockholm AB. The scope of the project represents atotal value of more than NOK 100 million over five years.Kitron AS in Arendal has for years been an important supplier to Danaher MotionStockholm AB. In this project Kitron has been selected because of the expertiseand flexibility that Kitron AS in Arendal has, as well as for the globalexpansion that Kitron is now implementing.Overall, this will contribute tostrengthening Danahers competitiveness in the market, and represents recognitionof Kitron's establishment in China."Complex industrial products is an important strategic priority area for Kitron.This contract shows that Kitron possesses the right qualifications that ourcustomers need," says Dag Songedal, Managing director of Kitron AS.For further information please contact:Dag Songedal, Managing Director of Kitron AS, tel. +47 91 38 64 68 ore-maildag.songedal(at)kitron.com Kitron is Scandinavia's leading company in development, industrialisation andmanufacturing of electronics for the Data/Telecoms, Defence, Energy, Industry,Medical equipment and Offshore/Maritime sectors. The company is located inNorway, Sweden, Lithuania and China. Kitron had a revenue of about NOK 2.3billion in 2008 and has about 1,100 employees. www.kitron.comThis information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1380537]

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Leseranfragen:
PresseKontakt / Agentur:
Bereitgestellt von Benutzer: hugin
Datum: 04.02.2010 - 02:26 Uhr
Sprache: Deutsch
News-ID 1009978
Anzahl Zeichen: 0

contact information:
Contact person:
Town:

Oslo

Phone:

Kategorie:

Business News

Anmerkungen:


Diese Pressemitteilung wurde bisher 84 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Strategically important agreement of about NOK 100 million
"
steht unter der journalistisch-redaktionellen Verantwortung von

Kitron ASA (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Alle Meldungen von Kitron ASA