|
Kitron’s origins lie in the company Stratonic and in a department of Electric Bureau, both of which were established in the 1960s in Arendal.
The company changed its name to Kitron in the 1970s. At the same time the business concept changed to the contract manufacturing of electronics.
Kitron was listed on the Oslo stock exchange in 1997. In order to strengthen its market position and expertise, Kitron has completed several mergers and acquisitions, most notably the merger in 2000 with Sonec ASA.
Today Kitron consists of businesses that have their origins in Ericsson, Kongsberg Gruppen, Nera and Tandberg Data in Norway, as well as Bofors and Saab in Sweden. In Lithuania, Kitron acquired UAB Kitron in 2001 and UAB Kitron Elsis in 2007. In 2008 the two sites in Lithuania were merged and Kitron acquired the factory building and an underlying lease of the land.
Kitron's office in Ningbo China was established in 2007 to ensure the most competitive sourcing for our customers.
|