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Company Overview

Business Description

Sector
Information Technology
Industry
Electrical Equipment
Headquarters
Norway NO
Employees
3 373
IPO date
Jan 16, 1998

Kitron ASA is an electronics manufacturing services company. It does not design consumer gadgets for its own brand; instead, it builds circuit boards, complete electronic units, and related assemblies for other companies. Its work sits in the middle of the electronics value chain, where customers need a partner that can source parts, assemble products, test them, and manage supply-chain complexity.

The company serves customers in demanding industries such as defense and aerospace, medical technology, industrial equipment, energy, and other professional electronics markets. These customers use Kitron for both production and after-sales support, especially when they need reliable manufacturing, traceability, and tight quality control. Kitron earns money by charging for manufacturing services, component sourcing, testing, and related production work.

What makes Kitron’s business model different is that it sells industrial know-how and manufacturing discipline rather than a branded product. Its customers usually come back because switching electronics suppliers is costly and risky once a product is designed and qualified. That gives Kitron a role as a long-term contract manufacturer for companies that want to focus on design, sales, and system integration while outsourcing production to a specialist.

Kitron ASA Investor Relations

Address
Olav Brunborgs vei 4
Billingstad, Oslo
Norway

Business Segments

Defense and aerospace

Kitron makes electronic boards, control units, and complete systems used in military equipment and aerospace applications.

Customers and revenue model

Medical devices

Kitron builds electronic parts and finished units used in patient monitoring, diagnostics, treatment, and other medical equipment.

Customers and revenue model

Industry

Description, customers and revenue model

Energy and communications

Description, customers and revenue model

Management

Mr. Lars Peter Nilsson

CEO & President

Biography unavailable

Ms. Cathrin Nylander

Chief Financial Officer

Biography unavailable

Mr. Kristoffer Asklov

Chief Operating Officer

Biography unavailable

Mr. Stian Haugen

Chief Technology Officer

Biography unavailable

Mr. Mindaugas Sestokas

Vice President of Central Eastern Europe

Biography unavailable

Mr. Hans Petter Thomassen

Vice President of Nordics & North America

Biography unavailable

Mr. Magnus B. Lindseth

General Manager of Kitron Sweden and Board Observer

Biography unavailable

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