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Kitron signs multi-million medical equipment contract
Kitron has signed an agreement worth NOK 350-400 million (47-54 million euros) for the manufacturing of medical equipment.
Kitron signed the agreement with a leading supplier of medical equipment. The agreement means that Kitron will be supplier for a period of approximately 2 years and extends on a previous agreement.
Manufacturing will mainly take place at Kitron's factory in Arendal, Norway, while parts of the product may also be manufactured at Kitron's factory in Ningbo, China.
''This is a very important agreement for Kitron's factories," said Kitron CEO Jørgen Bredesen.