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Provider: Reuters Investment Profile
Provider: Edison Investment Research
Provider: Wright Reports
Provider: Edison Investment Research

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Kongsberg Automotive Holding ASA Secures New Contract within Commercial Vehicle Segment

Monday, 29 Apr 2013 08:11am EDT 

Kongsberg Automotive Holding ASA announced that the Company's Fluid Transfer Systems division has signed a three-year supply agreement with a global supplier of braking & vehicle control systems for the truck & bus industry. The supply agreement begins with immediate effect and covers the Raufoss Air Brake coupling range. This building-block system includes the ABC coupling, KArtridge and Manifold program that are manufactured in the Company's facility in Raufoss, Norway. The agreement is worth EUR 18.2 million (NOK 138.8 million) over the period. 

Company Quote

-0.07 -1.03%
10:25am EDT