Kongsberg Automotive signs seven-year deal worth EUR 15.8 million

Tuesday, Aug 18, 2015

Kongsberg Automotive ASA has been awarded a seven year agreement with a European premium automaker for the supply of seat comfort systems to a mid-size/large luxury SUV.

The contract is worth an estimated 15.8 million euros ($17.56 million) over its lifetime, and production is scheduled to start in the third quarter of 2016 from KA's facility in Pruszkow, Poland.