| Automobile Components Industry | Consumer Discretionary Sector | Trond Fiskum CEO | XOSL Exchange | NO0003033102 ISIN |
| NO Country | 4,714 Employees | 4 Jun 2007 Last Dividend | - Last Split | - IPO Date |
Kongsberg Automotive ASA specializes in the development, production, and sales of various products for the automotive industry globally. The company is structured into two main segments, namely Powertrain & Chassis and Specialty Products. These segments are dedicated to designing, manufacturing, and testing innovative solutions that cater to the needs of Original Equipment Manufacturers (OEMs) and Tier 1 suppliers across the automotive, commercial vehicle, passenger car, and off-highway markets. Kongsberg Automotive ASA, initially known as Kongsberg Automotive Holding ASA, underwent a name change in August 2014. Established in 1957, the company is headquartered in Kongsberg, Norway, marking its long-standing reputation and expertise in the automotive sector.
Within this segment, Kongsberg Automotive ASA offers a robust portfolio of custom-engineered solutions, including cable controls and shift systems, clutch actuation systems, vehicle dynamics solutions, shift cables, and shift towers designed specifically for transmission applications. These products are essential for enhancing the performance, efficiency, and reliability of powertrain and chassis systems in vehicles.
This segment encompasses a diverse range of systems and components tailored for various automotive applications. Notable offerings include fluid handling systems that ensure the proper management and regulation of fluids within vehicles, coupling systems designed for compressed-air circuits in heavy-duty vehicles that enhance operational safety and efficiency, and operator control systems which are critical for the functionality and user experience in power sports construction, agriculture, outdoor power equipment, and power electronics products. Each product in this category is crafted to meet the stringent requirements of the automotive industry while ensuring superior quality and performance.