IMPORTANT NEW ORDER FOR KONGSBERG AUTOMOTIVE
(Kongsberg, 29.11 2005) Today, Kongsberg Automotive (KA) announced that they have signed an agreement with a major American OEM (original equipment manufacturer) to supply folding safety head restraints for an upcoming new vehicle. - This is a major award for Kongsberg Automotive, says CEO Olav Volldal, and it proves that our safety products pioneered in Europe are making a break through in North America. The new programme is expected to generate USD 7 million in sales per year within 2008. The production is planned to find place in Kongsberg Automotive`s North-American unit located in