Kitron ASA is considering merging its Swedish subsidiaries into one Swedish company, as well as implementing organisational changes. Through these changes the Swedish sales and marketing departments will be strengthened.
At the same time the company is considering adjustments in capacity within the development activities in line with the demand for such services. This may lead to reduction of about 30 full-time equivalents during 2007. Such reduction can be carried out without additional costs.
For further information please contact:
Jørgen Bredesen, CEO, Kitron ASA, tel. +47 48 25 25 84
Erling Svela, CFO, Kitron ASA, tel. +47 40 62 10 40
Kitron is one of Scandinavia`s leading companies in development, industrialisation and production for the data/telecom, defence/marine, medical and other industries. The company is located in Norway, Sweden and Lithuania. Kitron had a turnover of approx. NOK 1,6 billion in 2005 and has approx. 1,200 employees. See also
www.kitron.com.