Kongsberg Automotive awarded new contract from one of the world's
leading automakers valued at MEUR
(Thomson Reuters ONE) - Kongsberg Automotive (KA) has been awarded contracts for headrestraints from a global automaker. The contract is based on KA'sdesign and will be applied for a new small European city car whichoffers innovative solutions and environmentally friendlypowertrains.The value of the contract is estimated to be MEUR 13,5 or MNOK 120.Start of production is set to 2011, and the head restraints will bemanufactured at the company's facility in Slovakia."Kongsberg Automotive designs its head restraints to enhance comfortand protection for vehicle occupants and we're very pleased that oneof World's leading carmakers has recognized our head restraints astop performers. There is an increasing focus on whip-lash injuriesand a well functioning head restraint is critical for optimum safetyperformance.This is also a confirmation of our strategy and ambitions to grow ouractivities in this small-sized fuel-efficient city car segment andstrengthen our footprint in Europe for this product line", says HansPeter Havdal, Executive President Automotive Systems Division. ###Kongsberg Automotive is headquartered in Kongsberg, Norway and hasapprox. 50 facilities in 20 countries on all continents. KongsbergAutomotive, with over 8,000 employees, provides system solutions tovehicle makers around the world. The product portfolio includesgearshift systems, cables for a wide variety of applications, fuellines, tubing and hoses, couplings, clutch actuation, stabilizingrods, seat heaters, seat ventilation, lumbar supports, headrestrains, arm rests, steering columns, pedals, electronics anddisplays. Find more information at www.kongsbergautomotive.com. ###FOR MORE INFORMATION, CONTACT:Hans Peter HavdalPresident, Automotive SystemsPhone:+4732770520. Mobile:+ 4792065690Ronny LieDirector CommunicationPhone : +4732770511. Mobile : +4791610798 ###This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 19.08.2009 - 15:59 Uhr
Sprache: Deutsch
News-ID 4876
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