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RNS - Kitron Wins Additional ?7 Million Contract, Expanding Presence in Industrial Automation

Company: Kitron Date: 2025-06-06 Language: English Register to download

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 Kitron Wins Additional ?7 Million Contract, Expanding Presence in Industrial Automation

# Kitron Wins Additional ?7 Million Contract, Expanding Presence in Industrial Automation

(2025-06-06) Kitron has signed a significant manufacturing agreement with a  

leading customer in the industrial automation sector. The agreement covers  

electronics manufacturing services for a new generation of high-performance  

drive modules used in automation and motion control systems.  

  

Valued at approximately EUR 7 million annually, the contract represents a  

strategic expansion of the partnership, with room for further volume growth in  

the years ahead.  

  

Under the agreement, Kitron will provide complete box-build services from its  

European facilities, delivering high-quality, high-complexity assemblies  

tailored to demanding industrial environments. Production is scheduled to begin  

in the fourth quarter of 2025.  

  

"Our ability to meet stringent requirements of advanced automation systems has  

been crucial in this win," said Mindaugas Sestokas, VP Central Eastern Europe.  

"Following our recent win in the Connectivity sector, this agreement reflects  

continued momentum in building long-term value across multiple industrial  

segments. Our focus on quality, technical competence, and long-term  

collaboration continues to pay off."  

  

The agreement reinforces Kitron's strong position in the Industry market sector,  

where automation and digital control technologies continue to drive demand for  

robust and scalable manufacturing solutions.  

  

For further information, please contact:  

  

For further information, please contact:  

Peter Nilsson, President and CEO, tel. +47 948 40 850  

Mindaugas Sestokas, VP Central Eastern Europe, tel. +370 685 25 557  

Email: investorrelations@kitron.com (mailto:investorrelations@kitron.com)  

  

Kitron is a leading Scandinavian electronics manufacturing services company for  

the Connectivity, Electrification, Industry, Medical devices and  

Defence/Aerospace sectors. The group has operations located in Norway, Sweden,  

Denmark, Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China  

and the United States. Kitron has about 2 400 employees, and revenues were EUR  

647 million in 2024.  

  

www.kitron.com (https://www.kitron.com)  

  

This information is subject to the disclosure requirements pursuant to Section  

5-12 of the Norwegian Securities Trading Act.

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