Kitron strengthens cooperation with AIDON OY
(Thomson Reuters ONE) -
(2014-11-07) Kitron ASA's subsidiary Kitron UAB, in Kaunas, Lithuania, has
received orders for Aidon RF communication modules for projects in the growing
Norwegian market. The orders have a value for Kitron of NOK 41 million, and will
be fulfilled during the next three years. Production will take place at Kitron's
plant in Kaunas, Lithuania.
Aidon's open-architecture based smart metering systems and new generation Energy
Service Devices today serve more than one million metering points.
"It is a valuable opportunity to enlarge our business with a longtime partner,
which becomes a preferred supplier for energy utilities and service providers in
the Nordic countries. We are looking forward to starting production towards the
beginning of the next year," said Mindaugas Sestokas, Managing Director of
Kitron UAB.
For further information please contact:
Mindaugas Sestokas, Managing Director, Kitron UAB, tel. +370 37 400 174 or e-
mail mindaugas.sestokas(at)kitron.com
Dag Songedal, interim CEO, tel. +47 91 38 64 68 or e-mail
dag.songedal(at)kitron.com
Kitron is one of Scandinavia's leading electronics manufacturing services
companies for the Defense, 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 1.6
billion in 2013 and has about 1,200 employees. www.kitron.com
AIDON OY Aidon is a growing European provider of smart energy metering devices
and solutions and smart grid applications. Our customer-driven, forward-thinking
way to act has made us a preferred supplier for energy companies and a valued
partner for service providers.www.aidon.com
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kitron ASA via GlobeNewswire
[HUG#1869694]
Unternehmensinformation / Kurzprofil:
Datum: 07.11.2014 - 09:35 Uhr
Sprache: Deutsch
News-ID 350681
Anzahl Zeichen: 2583
contact information:
Town:
Oslo
Kategorie:
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