Advertisement
UK markets closed

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • FTSE 250

    19,824.16
    +222.18 (+1.13%)
     

  • AIM

    755.28
    +2.16 (+0.29%)
     

  • GBP/EUR

    1.1679
    +0.0022 (+0.19%)
     

  • GBP/USD

    1.2491
    -0.0020 (-0.16%)
     

  • Bitcoin GBP

    51,127.23
    -899.22 (-1.73%)
     

  • CMC Crypto 200

    1,383.71
    -12.82 (-0.92%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • DOW

    38,239.66
    +153.86 (+0.40%)
     

  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     

  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,161.01
    +243.73 (+1.36%)
     

  • CAC 40

    8,088.24
    +71.59 (+0.89%)
     
PROPERTY:

9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Kitron wins contract for battery management systems

Kitron ASA
·1-min read

(2021-02-17) Kitron expands services with a major existing customer to cover production of battery management systems. The new award initially covers 2022 to 2025 and is valued at NOK 150 million.

Production will take place at Kitron's plant in Poland. The award also covers various services.

“We're extremely happy to expand this relationship with a new product line. Battery management systems are examples of the growth potential within the fundamental shift from fossil fuels to electrification. This is an area of strategic importance to Kitron and currently helping to fuel the strong growth we see within Electrification,” says Peter Nilsson, President and CEO, Kitron Group.

For further information, please contact:
Peter Nilsson, President & CEO, tel. +47 948 40 850
E-mail: investorrelations@kitron.com

ADVERTISEMENT

Kitron is a leading Scandinavian electronics manufacturing services company for the Defence/Aerospace, Energy/Telecoms, Industry, Medical devices and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, Poland, China and the United States. Kitron had revenues of about NOK 4.0 billion in 2020 and has about 1 800 employees. www.kitron.com

This information is published in accordance with the requirements of the Oslo Børs Continuing Obligations for stock exchange listed companies.