Technology companies ABAX as and Norautron as have signed a three year manufacturing contract to the value of 200 million Norwegian kroner. The deal enables ABAX to move all production back to Norway.
The teams from ABAX and Norautron signing the contract. From left to right: Kjetil Lassen (ABAX), Håvard Østby (Norautron), Bjørn Erik Helgeland (ABAX), Bengt Sundberg (Norautron), Tor Engebretsen (ABAX) and Geir Morten Wold (ABAX)
The ABAX products to be manufactured by Norautron.
Øyvind Sedivy, CEO Norautron as: +47 959 00 730, email@example.com
About the companies:
ABAX as, which is owned by Norvestor Equity Ltd AS, is large market player within the sales and development of electronic log books for the private and corporate vehicle market as well as fleet management control systems and equipment tracking. ABAX has 320 employees and sites in Norway, Sweden, Denmark, Finland, Great Britain, The Netherlands and China. The company`s headquarters are in Larvik.
Norautron as is a leading manufacturer of electronics. The company has production facilities in Norway, Sweden, Poland and China and provides services within test development, prototyping, PCBA, electro-mechanics, advanced system building and integration. Norautron`s is headquartered in Horten. The company has 700 employees and in 2015 had revenues of 1 billion NOK.