Kongsberg Automotive

Last updated
Kongsberg Automotive Holding ASA
Type Allmennaksjeselskap
OSE: KOA
Industry Automotive
Founded24 March 1987
Headquarters Kongsberg, Norway
Area served
Global
Key people
Linda Nyquist-Evenrud (CEO)
Products Automotive parts
RevenueEUR 906 million (2021)
43,500,000 euro (2019)  OOjs UI icon edit-ltr-progressive.svg
28,800,000 euro (2019)  OOjs UI icon edit-ltr-progressive.svg
Total assets 927,000,000 euro (2019)  OOjs UI icon edit-ltr-progressive.svg
Number of employees
Approximately 5,500 (2023)
Website kongsbergautomotive.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.

Contents

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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