Kongsberg Automotive

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Kongsberg Automotive Holding ASA
Type Allmennaksjeselskap
Traded as OSE: KOA
Industry Automotive
Founded 24 March 1987
Headquarters Kongsberg, Norway
Area served Global
Key people Hans Peter Havdal (CEO), Ulla-Britt Fräjdin Hellqvist (Chairman)
Products Automotive parts
Revenue 991 million (2013)[1]
Profit €6.6 million (2013)[1]
Total assets €687.3 million (end 2013)[1]
Total equity €189.6 million (end 2013)[1]
Employees 10,135 (end 2013)[1]
Website kongsbergautomotive.com

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.

History[edit]

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[edit]

  1. ^ a b c d e "Annual Report 2013". Kongsberg Automotive. Retrieved 13 February 2013. 

External links[edit]