Kongsberg, 20 October 2008
Kongsberg Automotive has been awarded a new contract in the
commercial vehicle segment. The contract includes delivery of
gearshift system to a major South American truck manufacturer.
The new business has an estimated value of MNOK 137 (17 M Euro).
Production starts in 2010 and will take place at Kongsberg
Automotive's production facility in Jundiaí, Brazil.
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
For further information, please contact:
Managing Director, Brazil
Ph: +55 11 33 78 2601 / +55 11 83 54 4457
Director, Corporate Communication
Ph: +47 32 77 05 11 / +47 916 10 798
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)