(2010-01-06) Following the board decision announced November 9 2009 to establish a manufacturing unit in China Kitron ASA has now entered into a lease agreement with Nordic Industrial Park Co., Ltd. for a new electronic factory in Ningbo, China. The contract is for 5 years and cover more than 4000 square meter of space.
“The factory is planned to be up and running with the most simplified products late third quarter and come as a consequence of meeting our global customers demand,” says Jørgen Bredesen, CEO of Kitron ASA.
For further information please contact:
Jørgen Bredesen, CEO of Kitron ASA, phone: (+47) 4825 2584, or e-mail:
Kitron is Scandinavia’s leading company in development, industrialisation and manufacturing of electronics for the Data/Telecom, Defence/Offshore, Medical equipment and Industry sectors. The company is located in Norway, Sweden, Lithuania and China. Kitron had a revenue of about NOK 2.3 billion in 2008 and has about 1,100 employees.
www.kitron.com