Kitron AB and Kitron UAB have been awarded a contract to manufacture ECU's (Electronic Control Units) required for a large range of construction equipment for a major global manufacturer.
The products have been developed by Kitron Development in Jönköping and are an essential part of the electronic control system of the vehicles.
The agreement is long term and will the first 12 months offer Kitron NOK 45 million in turnover.
"Being awarded such a contract reflects Kitron's capability from development through to manufacturing and after sales services," says Jørgen Bredesen, CEO of Kitron ASA.
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.