Elektrobit Oyj: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Elektrobit Oyj's Unit's Joint Venture with Audi AG's Audi Electronics Venture GmbH Expands Activities and Establishes New Site in Germany
Elektrobit Oyj announced that its subsidiary Elektrobit Automotive GmbH and Audi Electronics Venture GmbH (AEV), a subsidiary of AUDI AG, have decided to expand their joint venture activities in e.solutions GmbH to include systems engineering and provide systems integration services to AUDI AG and other VW Group companies for their future connected infotainment solutions. To build the required engineering competences and capacity, the joint venture will establish a new site in Ulm, Germany.
Latest Developments for Elektrobit Oyj
- Elektrobit Oyj temporarily lays off 90 employees at the maximum, targeting cost savings of about 0.8 mln euros in Wireless Business Segment
- Elektrobit Oyj starts personnel negotiations to temporarily lay off 90 employees at the maximum, targeting cost savings of about 0.8 million euros in its Wireless Business Segment
- Elektrobit Oyj comments on FY 2014 outlook
- Elektrobit issues FY 2014 outlook in line with analysts' estimates
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