Kongsberg Automotive ASA engages in the development, manufacture and trade of components, accessories and spare parts. The company is headquartered in Kongsberg, Buskerud and currently employs 4,714 full-time employees. The company went IPO on 2005-06-24. The firm's operations are divided into two reporting segments, Powertrain and Chassis (P&C) as well as Specialty Products. The Powertrain and Chassis segment is engaged in the design, manufacture, and testing of custom powertrain and chassis solution. The company also engineers and manufactures products for makers of passenger cars and commercial vehicles. The Specialty Products segment consists of three business units: Couplings, Fluid Transfer Systems, and Off-Highway. These business units are responsible for the development and delivery of specialized niche products with focus on innovation and customer benefits. The firm has more than 27 production facilities worldwide.
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