Facts

  • Kitron is one of the leading companies in Scandinavia specializing in the contract manufacturing of goods with electronics content. It is the largest such company in Norway.
  • The company was established in 1966 in Kilsund, Arendal. Kitron’s head office is now in Asker.
  • The company’s core areas of expertise are in the segments Data/Telecoms, Defence, Energy, Industry, Medical equipment and Offshore/Maritime.
  • Kitron specializes in complex products and manufacturing processes. The company also has a high level of specialist expertise in the fields of technology and development.
  • Kitron provides services within the entire value chain of electronics production, ranging from development and design, industrialization and manufacturing to service/repair and product upgrades.
  • The group’s operations are based in five countries:
    - Norway (Arendal and Oslo)
    - Sweden (Karlskoga and Jönköping)
    - Lithuania (Kaunas)
    - Germany (Stuttgart)
    - China (Ningbo)
  • Key figures (2009):
    - No. of employees: equivalent to approx. 1,100 full-time equivalents
    - Turnover: NOK 1,731 million
    - Profits: NOK 64 million
    - Equity ratio: 46 percent
  • Kitron is listed on the Oslo Stock Exchange (ticker: KIT)