The official opening of the Kitrons newly built factory in Jönköping

(2017-05-18) Kitron ASA marks today the official inauguration of its new factory in Torsvik, sweden, in Jönköping, sweden, with an arrangement for customers, partners, representatives for the local region and the employees.

– Kitron has grown significantly in the Swedish market, and we expect that this positive development continues. The new facility makes it possible for us to serve Swedish customers even more effectively in the future. It is also a platform for expanding our range of more advanced services, ” says Stefan Hansson Bribed, CEO of Kitron Sweden.

At the end of the year we moved Kitrons business in Jönköping, sweden for the new facility in Torsvik, sweden, within budget and without major technical problems. Kitron has invested about 25 million SEK in the new plant and equipment.

– Sweden has grown to become Kitrons most important market, which is served both by our facility in Jönköping and the other of Kitron, nor the facilities. With the upgraded facility in Jönköping complete we a significant investment period for Kitron. This has given us a portfolio of highly competitive production facilities and further strengthened our position as the leading EMS group in Scandinavia, ” says Peter Nilsson, ceo of Kitron ASA.

For further information, please contact:

Stefan Hansson Bribed, CEO of Kitron Sweden, telephone: +46 734 49 91 19

E-mail: investorrelations@kitron.com

Kitron is one of Scandinavia’s leading companies in the production of electronics and related services for industries Defense/Aerospace, Energy/Telecoms, Industry, Medical equipment and Offshore/Marine. The group has operations in Norway, Sweden, Lithuania, Germany, China and the united states. Kitron had a turnover of about 2,1 billions of kronor in 2016, and has about 1 350 employees. www.kitron.com

This information is subject to informationspliktig according to the Norwegian deutsche bank trust §5-12.

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