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Electronics Production | November 23, 2005

Kitron raises 7,9 million Euros

Norway based EMS provider Kitron has raised 7,9 million Euros in venture capital.

The fundings will according to Kitron's management be used to strengthen the balance and cover costs related to the restructuring of the company. The actions that now has been made is expected to bring profit to the company already in first quarter 2006.
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