Semcon signs a new partnership project with global German auto supplier

The project is for developing an existing model with new architecture. About 150
engineers will be involved in this project, of which around 40 in Germany and
110 in Sweden, Trollhättan. The first phase of the project is expected to run
until the end of 2015 with the option of further partnership projects.
This project includes developing the complete bodywork, exterior and interior.
Semcon has been involved in the project since the end of last year. When the
development phase gets underway in Q2, manpower will be increased successively
and during the third quarter total include around 150 engineers. This will mean
that Semcon needs to engage an additional 80 engineers for its office in
Trollhättan, Sweden.

“We are proud to have once again been entrusted by one of our German auto
customers to complete a major project. This agreement is fully in line with
Semcon’s strategy of being an independent partner with expertise and capacity
for complete car development. It´s our knowledge of project deliveries,
experience of complete car projects, and long-term relationship with the
customer, that were contributory factors for this agreement” says Stefan
Ohlsson, President, Automotive R&D at Semcon.

“The project is important for our customer and Semcon, but also good for
Trollhättan, as this deal means that we can develop and retain the specific auto
know-how in the region,” Stefan concludes.

Semcon currently engage more than 550 employees on various automotive projects
in Sweden. Semcon’s German auto activities currently employ more than 1,000
employees and have an extensive need for recruitment of engineers to the various
locations throughout Germany.
Stefan Ohlsson, President, Automotive R&D, Semcon, +46 (0)736 840 555
Anders Atterling, IR & PR manager, Semcon, +46 (0)704 472 819
Semcon is a global company active in the areas of engineering services and
product information. The Group has 3,000 employees with extensive experience
from many different industries. We develop technologies, products, plants and
information solutions along the entire development chain and also provide many
services including quality control, training and methodology development. Semcon
boosts customers’ sales and competitive strength by providing them with
innovative solutions, design and solid engineering solutions. The Group has
sales of SEK 2.6 billion and activities at more than 45 sites in Sweden,
Germany, the UK, Brazil, Hungary, India, China, Spain and Russia