Official opening of Kitron's facility at Kilsund
(Thomson Reuters ONE) -
(2016-06-15) Kitron ASA today celebrates the official opening of its upgraded
facility at Kilsund in Arendal, Norway, with an event attended by customers,
business partners, representatives of the local community and employees.
Over the past months, Kitron's operation in Arendal has been moved from a leased
facility at Hisøy to the Kilsund plant, which is owned by Kitron.
"This move means we are returning to our roots. Kilsund was the birthplace of
Kitron in the 1960s, and this was our main production facility until 2005," said
Hans Petter Thomassen, Managing Director of Kitron Norway.
Kitron has invested close to NOK 50 million in upgrading the facility and
equipment at Kilsund.
"This brand new facility is state-of-the art when it comes to technology and
work environment. It is a strong commitment to the local community, but foremost
it will strengthen our competitiveness from Norway. An optimized facility will
enable us to improve efficiency and ensure that the Arendal operation remains a
key part of the increasingly international Kitron group, not least within the
Defence and Aerospace market sector," Mr. Thomassen added.
For further information, please contact:
Hans Petter Thomassen, Managing Director of Kitron Norway, Tel.: +47 913 92 360
E-mail: investorrelations(at)kitron.com
Kitron is one of Scandinavia's leading electronics manufacturing services
companies for the Defence, Energy/Telecoms, Industry, Medical devices and
Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania,
Germany, China and the United States. Kitron had revenues of about NOK 1.95
billion in 2015 and has about 1 250 employees. www.kitron.com
This information is subject of the disclosure requirements acc. to §5-12 vphl
(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
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Bereitgestellt von Benutzer: hugin
Datum: 15.06.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 477772
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