Kongsberg Automotive Wins Major 38M EUR Contract

Kongsberg Automotive Holding ASA (KGAUF) has released an update.

Kongsberg Automotive (KA) has secured a EUR 38 million contract extension over eight years for supplying technical hose assemblies to a major power technology manufacturer. The products, essential for coolant, fuel, and oil transfer applications, will be manufactured across KA’s plants in Mexico and the USA. The deal underlines KA’s commitment to growth and its role in alternative fuel technologies.

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