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Kongsberg Automotive Holding ASA (OSL:KOA) Kongsberg Automotive has signed an agreement to supply electronics and electromechanical systems to an OEM customer.
The total order value is estimated to be 204 MNOK / 25M Euro. Contract term is 3 years, with production start in 2009.
The new business includes delivery of a range of intelligent non-highway applications for driving control and monitoring, including throttle- and brake lever sensors, displays with build in GPS receiver and suspension controller with automatic adaptive control and manual override.
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Kongsberg Automotive is headquartered in Kongsberg, Norway and has more than 50 facilities in 20 countries on all continents. Kongsberg Automotive, with revenues of about EUR1 billion and over 11,000 employees, provides system solutions to vehicle makers around the world. The product portfolio includes gearshift systems, cables for a wide variety of applications, fuel lines, tubing and hoses, couplings, clutch actuation, stabilizing rods, seat heaters, seat ventilation, lumbar supports, head restrains, arm rests, steering columns, pedals, electronics and displays. Find more information at www.kongsbergautomotive.com.
