Traded as OSE: KOA Area served Global Profit €6.6 million (2013) Revenue 991 million EUR (2013) Type of business Allmennaksjeselskap | Products Automotive parts Founded 24 March 1987 Net income 6.6 million EUR (2013) | |
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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(Text) CC BY-SA