Major world crisis affect us all in one way or another, this also applies to Lesjöfors’ operations for obvious reasons. Despite the pandemic and current state of war, we are still well equipped to continue our growth journey. Ola Tengroth, CEO of the Lesjöfors group, gives his view on the market situation. All-time high despite… Continue reading Lesjöfors is resilient despite turbulence in the world
Author: GlobeNews Newswire
RENAULT GROUP: Renault industrial activities in Russia are suspended
PRESS RELEASE March 23rd, 2022 Renault industrial activities in Russia are suspended Boulogne-Billancourt, March 23rd, 2022 – The Board of Directors of Renault Group met today and approved the following items: Renault Group activities in its manufacturing plant in Moscow are suspended as of today. Regarding its stake in AVTOVAZ, Renault Group is assessing the… Continue reading RENAULT GROUP: Renault industrial activities in Russia are suspended
PayByPhone Announces New Global Leadership Structure As The Business Continues To Grow
Vancouver, BC, Canada, March 23, 2022 (GLOBE NEWSWIRE) — The new global structure focuses on supporting the company’s three key customer groups – clients, such as cities, universities, and parking operators; corporate, including fleets and businesses; and consumers, the drivers who use PayByPhone’s services. Three experienced PayByPhone leaders will be stepping up to lead each… Continue reading PayByPhone Announces New Global Leadership Structure As The Business Continues To Grow
PayByPhone’s 50 Million Global Users Can Now Park in Italy
Vancouver, BC, Canada, March 23, 2022 (GLOBE NEWSWIRE) — PayByPhone initially launched in Italy back in 2018 with availability only in Italy. With this month’s launch, the global PayByPhone app will provide Italian users access to locations outside of Italy, and PayByPhone’s more than 50 million global users will now have access to park in… Continue reading PayByPhone’s 50 Million Global Users Can Now Park in Italy
Ferrari Signs Memorandum of Understanding With Mise, Invitalia and the Emilia-Romagna Region.
Maranello22 March 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today signed a Memorandum of Understanding (Protocollo di Intesa) with the Italian Ministry of Economic Development (MISE), Invitalia (the National Agency for Inward Investment and Economic Development S.p.A.) and the Emilia-Romagna Region. According to the Memorandum of Understanding, the Institutions involved will support… Continue reading Ferrari Signs Memorandum of Understanding With Mise, Invitalia and the Emilia-Romagna Region.
Kongsberg Automotive wins contract worth EUR 58 million in estimated lifetime revenue
Kongsberg Automotive’s Fluid Transfer Systems (FTS) business unit has secured a contract worth EUR 58 million in estimated lifetime revenue and average annual revenue of EUR 14.5 million. The four-year contract covers Kongsberg Automotive’s Fluoro-Comp® hose, and stainless-steel braided PTFE brake lines for a global automotive Tier 1 supplier based in North America. The Fluoro-Comp®… Continue reading Kongsberg Automotive wins contract worth EUR 58 million in estimated lifetime revenue
Kongsberg Automotive full-year results in line with guidance despite strong headwinds from global supply-chain situation
Revenues and earnings both reduced by continuing semiconductor and raw materials supply chain situation, offset by the “shift gear” improvement program and growth in high-margin specialty products segment. Zurich, 15 March, 2022: Kongsberg Automotive ASA (“Kongsberg Automotive”) has today published its results for the fourth quarter and full year 2021. The results are in line… Continue reading Kongsberg Automotive full-year results in line with guidance despite strong headwinds from global supply-chain situation
Kongsberg Automotive – Annual Report 2021
Kongsberg Automotive ASA Annual Report 2020 follows attached. About Kongsberg Automotive ASAKongsberg Automotive provides cutting-edge technology to the global vehicle industry. We drive the global transition to sustainable mobility by putting engineering, sustainability, and innovation into practice. Our product portfolio includes driver and motion control systems, fluid assemblies, and industrial driver interface products. Find out more… Continue reading Kongsberg Automotive – Annual Report 2021
KONGSBERG AUTOMOTIVE USES FUNDS FROM INTERIOR COMFORT SYSTEMS DIVESTMENT TO REDEEM EUR 75 MILLION OF BONDS
REDEMPTION MARKS IMPORTANT MILESTONE IN EXECUTING THE PLANS FOR USE OF PROCEEDS ANNOUNCED IN 2021 Zurich, March 10th, 2022: Kongsberg Actuation Systems B.V., a subsidiary of Kongsberg Automotive ASA (“Kongsberg Automotive”) has today published a Notice of Redemption for EUR 75 million of its outstanding Senior Secured Notes due 2025. This follows the successful closing… Continue reading KONGSBERG AUTOMOTIVE USES FUNDS FROM INTERIOR COMFORT SYSTEMS DIVESTMENT TO REDEEM EUR 75 MILLION OF BONDS
Invitation to Kongsberg Automotive’s Q4 2021 Earnings Presentation
Kongsberg Automotive ASA will release its fourth quarter 2021 results on Tuesday,March 15, 2022, at 07:30 am CET. The company will host an online presentation for investors, analysts, and mediaat 09:00 CET on Tuesday, March 15, which will be followed by a question-and-answer session led by CEO Joerg Buchheim and CFO Frank Heffter. The Q4… Continue reading Invitation to Kongsberg Automotive’s Q4 2021 Earnings Presentation