Kongsberg Automotive ASA - Company Profile
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Kongsberg Automotive ASA (Kongsberg) is a manufacturer of automotive parts. The company develops, manufactures and markets seat comfort systems, driveline-related systems, fluid assemblies and industrial driver interface products for global vehicle manufacturers. Its powertrain and chassis manufacture control systems for commercial and industrial vehicle markets and also supplies complete shift systems, such as shifter modules, shift cables, custom-engineered cable controls and shift towers and fluid transfer. Kongsberg also manufactures seat-comfort systems and mechanical and electromechanical, light-duty motion control, which include seat adjusters, seat cables, pedal systems, steering systems, electronic displays and side bolsters. The company operates in Europe, Asia and the US. Kongsberg is headquartered in Kongsberg, Norway.
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Products and Services
Products | Services |
---|---|
On-Highway: | Aftermarket Services |
Driver Control Systems | |
Chassis | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In June, the company signed an agreement to acquire 20% stake in Chassis Autonomy SBA AB. |
2023 | Contracts/Agreements | In March, the company's Flow Control Systems business unit was awarded a contract worth EUR30 million in estimated lifetime revenue for a variety of PTFE lined hoses. |
2023 | Contracts/Agreements | In March, Kongsberg Automotive Powertrain and Chassis business segment extended two contracts for shift systems within Driveline. |
Competitor Comparison
Key Parameters | Kongsberg Automotive ASA | ZF Friedrichshafen AG | Knorr-Bremse AG | Haldex AB | KTR Systems GmbH |
---|---|---|---|---|---|
Headquarters | Norway | Germany | Germany | Sweden | Germany |
City | Kongsberg | Friedrichshafen | Muenchen | Landskrona | Rheine |
State/Province | - | Baden-Wurttemberg | Bayern | - | Nordrhein-Westfalen |
No. of Employees | 5,286 | 151,895 | 33,319 | 1,882 | 1,100 |
Entity Type | Public | Private | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Peter Thostrup | Chairman | Executive Board | 2023 | - |
Linda Nyquist-Evenrud | Chief Executive Officer; President | Senior Management | 2024 | - |
Frank Heffter | Chief Financial Officer | Senior Management | 2021 | - |
Christian Amsel | Chief Technology Officer; President - Powertrain and Chassis | Senior Management | 2021 | - |
David Redfearn | Chief Sales Officer | Senior Management | 2022 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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