Kitron AB in Sweden and UAB Kitron in Lithuania have been granted a manufacturing agreement with an expected turnover of NOK 80-100 million over the next 3-5 years.
"The customer is a significant provider of public transportation equipment and has stringent demands as to quality," 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. NOK 1,6 billion in 2005 and has about 1,200 employees. See also www.kitron.com.