Kongsberg Automotive
Kongsberg Automotive Holding ASA is an automotive parts manufacturer founded in Kongsberg, Norway with headquarters in Zurich, Switzerland. The company produces a broad range of parts with production plants throughout the world. The company is listed on the Oslo Stock Exchange with the ticker symbol KOA.
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| Type | Allmennaksjeselskap |
|---|---|
| OSE: KOA | |
| Industry | Automotive |
| Founded | 24 March 1987 |
| Headquarters | Zurich, Switzerland |
Area served | Global |
Key people | Joerg Buchheim (CEO) |
| Products | Automotive parts |
| Revenue | EUR 969 million (end 2020) |
43,500,000 euro (2019)  | |
| EUR (118.0) million (end 2020) | |
| Total assets | EUR 898.0 million (end 2020) |
| Total equity | EUR 245.5 million (end 2020) |
Number of employees | 11,234 (end 2020) |
| Website | kongsbergautomotive.com |
History
The company started as a division of Kongsberg Våpenfabrikk in 1957 with an agreement with Volvo to produce brakes for the company's trucks. In the 1970s the division expanded with factories in Hvittingfoss and Rollag. On 24 March 1987, the division was demerged as a separate company. On 1 January 2008, Kongsberg bought out the automotive division of Teleflex Automotive.
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