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© Kitron Electronics Production | April 28, 2011

Kitron with new manufacturing deal

Editor: Staff Editor

Kitron AS, a subsidiary of Kitron ASA, has signed a manufacturing contract with a supplier of medical equipment.

The agreement states that Kitron AS will be - for some specific products - the sole supplier in 2011 and 2012. In this period the expected turnover linked to the contract is between NOK 350 - 400 million (EUR 45 - 51 million). Kitron already has received orders under the contract totaling to NOK 75 million. There are possibilities for extension of the agreement after the current 2 years period.
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