Kongsberg Automotive Holding ASA (KGAUF) has released an update.
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Kongsberg Automotive has secured a significant contract extension valued at over EUR 56 million for its Fluoro-Comp® and stainless-steel braided hoses, which will be produced in its facilities in the USA and Mexico. This extension reflects the company’s commitment to supporting the transition to sustainable transportation, catering to traditional, hybrid, and electric vehicles.
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