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Kongsberg Automotive Holding ASA (OSL:KOA) Kongsberg Automotive (KA) has been awarded a new contract for Seat Heating, valued at 19 MEUR (170 MNOK). The business includes delivery of Seat Heating to the European market for one of KA's major customers. The contract term is 7 years with production start in 2010.
The seat heaters will be manufactured at Kongsberg Automotive's plant in Pruszkow, Poland.
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Kongsberg Automotive is headquartered in Kongsberg, Norway and has 50 facilities in 20 countries on all continents. Kongsberg Automotive, with revenues of about EUR1 billion and over 10,000 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.
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For further information, please contact:
Hans Peter Havdal President, Automotive Systems Phone:+47 32 77 05 20. Mobile:+ 47 920 65 690 e-mail: hans.havdal@ka-group.com