Kitron: New orders of about NOK 50 million
(Thomson Reuters ONE) -
Kitron: New orders of about NOK 50 million
(2011-10-21) Kitron ASA's subsidiary Kitron UAB in Kaunas, Lithuania, has
received new orders within the Data/Telecoms segment of about NOK 50 million.
The scope of delivery includes manufacturing of equipment for tracking of
vehicles/ Trip log for ABAX AS, an international leading technology and service
provider company in Larvik, Norway. The electronic device uses technology such
as GPRS, GPS and radio. Kitron is responsible for all manufacturing and material
sourcing, as well as packaging for delivery to end customers. Deliveries will
start in the fourth quarter of 2011 and continue for a period of two years.
"This confirms our competitiveness in Lithuania", says Jørgen Bredesen CEO
Kitron ASA.
For further information please contact:
Jørgen Bredesen,CEO of Kitron ASA tel. +47 48 25 25 84 or e-
mailjorgen.bredesen(at)kitron.com
Kitron is one of Scandinavia's leading electronic 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 a revenue of about NOK 1.6
billion in 2010 and has about 1,100 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 Thomson Reuters on behalf of
Thomson Reuters 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 Thomson Reuters ONE
[HUG#1556532]
Unternehmensinformation / Kurzprofil:
Datum: 21.10.2011 - 08:30 Uhr
Sprache: Deutsch
News-ID 78815
Anzahl Zeichen: 2091
contact information:
Town:
Oslo
Kategorie:
Business News
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