Kitron ASA's subsidiary Kitron UAB in Kaunas, Lithuania, has received new orders within the Industrial segment of about NOK 150 million for a period of 3-4 years. The scope of delivery includes manufacturing and testing of electronic PCBA's for one of Kitron's global customers. Deliveries will start in the second quarter of 2012.
"This confirms our competitiveness in Lithuania", says Jørgen Bredesen CEO Kitron ASA.
For further information please contact:
Jørgen Bredesen, CEO of Kitron ASA, telephone: (+47) 4825 2584, or e-mail: jorgen.bredesen@kitron.com
Mindaugas Sestokas, Managing Director of UAB Kitron, telephone (+370) 685 25 557 or
e-mail mindaugas.sestokas@kitron.com
Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defence, Energy/Telecoms, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 1.7 billion in 2011 and has about 1,200 employees. www.kitron.com
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act