Kongsberg Automotive

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Kongsberg Automotive Holding ASA
TypeAllmennaksjeselskap
OSE: KOA
IndustryAutomotive
Founded24 March 1987
HeadquartersZurich, Switzerland
Area served
Global
Key people
Joerg Buchheim (CEO)
ProductsAutomotive parts
RevenueEUR 969 million (end 2020)
43,500,000 euro (2019) Edit this on Wikidata
EUR (118.0) million (end 2020)
Total assetsEUR 898.0 million (end 2020)
Total equityEUR 245.5 million (end 2020)
Number of employees
11,234 (end 2020)
Websitekongsbergautomotive.com

Kongsberg Automotive Holding ASA is an automotive parts manufacturer founded in Kongsberg, Norway with headquarters in Zurich, Switzerland. The company produces a broad range of parts with production plants throughout the world. The company is listed on the Oslo Stock Exchange with the ticker symbol KOA.

History[]

The company started as a division of Kongsberg Våpenfabrikk in 1957 with an agreement with Volvo to produce brakes for the company's trucks. In the 1970s the division expanded with factories in Hvittingfoss and Rollag. On 24 March 1987, the division was demerged as a separate company. On 1 January 2008, Kongsberg bought out the automotive division of Teleflex Automotive.

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