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Description
Kongsberg Gruppen (KONGSBERG) mainly focuses on the markets for maritime electronics and defence systems. The bulk of the Group's activities address international markets; the most important of which are Europe; the USA; the Middle East and the Far East. In 2004; the Group posted total operating revenues of NOK 6.4 billion. The Group has facilities in 21 countries; and has 3 400 employees. KONGSBERG's main objective is to increase shareholders' assets. The most important profitability goal is to achieve 10 per cent EBITA. Growth is a key part of the Group's strategy. The Group's range of products is characterised by a high technology content; the products also have to work under demanding conditions. Reliability requirements are high. KONGSBERG's products range from equipment for surveying the seabed down to depths of 11 000 metres to advanced equipment for satellites orbiting through outer space.
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