Press release BoxID: 657374 (Kitron GmbH)
  • Kitron GmbH
  • Lessingstr. 24
  • 72663 Großbettlingen
  • Contact person
  • Thomas Löfgren
  • +46 (36) 2902126

Kitron sign a new two years frame agreement with Sensys Traffic

(PresseBox) (Großbettlingen, ) Kitron ASA's subsidiary Kitron AB in Jönköping Sweden, has signed a new two years frame agreement for manufacturing of automatic speed surveillance and traffic light systems for Sensys Traffic AB. The agreement is estimated to a value of 10-30 Million SEK during 2014-2015, with options of prolonging.

Sensys Traffic, the leading provider of road safety system solutions Sensys Traffic AB develops, markets and delivers various products for traffic safety and traffic informatics. The products are primarily used for speed and red-light enforcement.

"The proximity to the supplier together with the efficiency and flexibility that Kitron show in all processes, this together with the close relationship we have established during years of cooperation has been important for us when signing the agreement", says Johan Frilund, CEO of Sensys Traffic AB.

"Our cooperation over the years with Sensys has been fruitful and we are very proud to sign this new agreement. This shows our competitiveness at our site in Jönköping and that our work with focus on LEAN manufacturing gives results." says Thomas Löfgren, Managing Director of Kitron AB.

Sensys Traffic AB develops and markets various systems for traffic informatics and traffic safety. The products are primarily used for speed and red-light enforcement.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Kitron GmbH

Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defense, Energy/Telecoms, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 1.7 billion in 2012 and has about 1,200 employees.