Puneet Varma (Editor)

Kongsberg Automotive

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Traded as
  
OSE: KOA

Area served
  
Global

Profit
  
€6.6 million (2013)

Revenue
  
991 million EUR (2013)

Type of business
  
Allmennaksjeselskap

Industry
  
Products
  
Automotive parts

Headquarters
  
Founded
  
24 March 1987

Net income
  
6.6 million EUR (2013)

Kongsberg Automotive httpsuploadwikimediaorgwikipediaen003Kon

Key people
  
Henning Jensen (CEO), Bruce E. Taylor (Chairman)

Total assets
  
687.3 million EUR (end 2013)

Total equity
  
189.6 million EUR (end 2013)

Kongsberg automotive


Kongsberg Automotive Holding ASA is an automotive parts manufacturer based in Kongsberg, Norway. The company produces a broad range of parts with production plants throughout the world. The company is listed on the Oslo Stock Exchange with the ticker symbol KOA.

Contents

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History

The company started as a division of Kongsberg Våpenfabrikk in 1957 with an agreement with Volvo to produce brakes for the company's trucks. In the 1970s the division expanded with factories in Hvittingfoss and Rollag. On 24 March 1987, the division was demerged as a separate company. On 1 January 2008, Kongsberg bought out the automotive division of Teleflex Automotive.

References

Kongsberg Automotive Wikipedia