(2014-11-07) Kitron ASA's subsidiary Kitron UAB, in Kaunas, Lithuania, has received orders for Aidon RF communication modules for projects in the growing Norwegian market. The orders have a value for Kitron of NOK 41 million, and will be fulfilled during the next three years. Production will take place at Kitron's plant in Kaunas, Lithuania.
Aidon's open-architecture based smart metering systems and new generation Energy Service Devices today serve more than one million metering points.
"It is a valuable opportunity to enlarge our business with a longtime partner, which becomes a preferred supplier for energy utilities and service providers in the Nordic countries. We are looking forward to starting production towards the beginning of the next year," said Mindaugas Sestokas, Managing Director of Kitron UAB.
For further information please contact:
Mindaugas Sestokas, Managing Director, Kitron UAB, tel. +370 37 400 174 or e-mail mindaugas.sestokas@kitron.com
Dag Songedal, interim CEO, tel. +47 91 38 64 68 or e-mail dag.songedal@kitron.com
Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defense, Energy/Telecoms, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 1.6 billion in 2013 and has about 1,200 employees. www.kitron.com
AIDON OY Aidon is a growing European provider of smart energy metering devices and solutions and smart grid applications. Our customer-driven, forward-thinking way to act has made us a preferred supplier for energy companies and a valued partner for service providers.www.aidon.com