CONTRACT WIN FOR DRIVELINE SYSTEMS IN EUROPEAN MARKET WORTH 16 MEUR (124 MNOK)

The contract has a total value of 16 MEUR over 6 years, and production will start in 2013 from KA’s facility in Vrable, Slovakia.

“We’re always pleased with a win and especially when it’s a result of the customer valuing our quality and customer support record on previous platforms”, says Joachim Magnusson, Executive Vice President for KA Driveline.