Kongsberg Automotive
 | |
| Allmennaksjeselskap | |
| Traded as | OSE: KOA |
| Industry | Automotive |
| Founded | 24 March 1987 |
| Headquarters | Kongsberg, Norway |
Area served | Global |
Key people | Hans Peter Havdal (CEO), Ulla-Britt Fräjdin Hellqvist (Chairman) |
| Products | Automotive parts |
| Revenue | €991 million (2013)[1] |
| Profit | €6.6 million (2013)[1] |
| Total assets | €687.3 million (end 2013)[1] |
| Total equity | €189.6 million (end 2013)[1] |
Number of employees | 10,135 (end 2013)[1] |
| Website | kongsbergautomotive.com |
Kongsberg Automotive Holding ASA is an automotive parts manufacturer based in Kongsberg, Norway. 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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