Elettronica
Kitron signs agreement worth NOK 350-400 million for manufacturing of medical equipment
(2012-10-15) Kitron has signed an agreement with a leading supplier of medical equipment. The agreement means that Kitron will be supplier for a period of approximately 2 years. During this period, Kitron expects that revenue under the agreement will be between NOK 350 and NOK 400 million. The agreement is an extension of a previous agreement.
Manufacturing will mainly take place at Kitron's factory in Arendal, while parts of the product can be manufactured at Kitron's factory in Ningbo, China.
''This is a very important agreement for Kitron's factories," says Kitron CEO Jørgen Bredesen.
For further information please contact:
Jørgen Bredesen, CEO of Kitron ASA, tel. +47 48 25 25 84 or e-mail jorgen.bredesen@kitron.com
Dag Songedal, Managing Director of Kitron AS, tel. +47 91 38 64 68 or e-mail dag.songedal@kitron.com
Kitron is one of Scandinavia's leading electronics 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 revenues of about NOK 1.7 billion in 2011 and has about 1,200 employees. www.kitron.com
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act
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