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Selskabsmeddelelse

KIT: Kitron to expand Swedish manufacturing footprint

Kitron
(2026-04-24) Kitron plans to build a larger facility for its subsidiary, Kitron
Eltech (formerly DeltaNordic), in Örnsköldsvik, Sweden. The expansion is needed
to accommodate expected growth over the coming years, driven primarily by
defence programmes.

"When we acquired DeltaNordic a few months ago, we made it clear that we were
attracted to the strong, highly competent organisation in Örnsköldsvik. The
decision to expand the operation here is a clear signal that this site is
central to Kitron's growth plans," says Peter Nilsson, Kitron's President and
CEO.

Kitron will own the new facility, which will have 7,300 square metres of
production space, in addition to office space. This is approximately twice the
size of the current leased facility.

"Investing in a new and improved facility sends a clear signal to the local
community and to our customers, particularly BAE Systems Hägglunds. The plans
also call for a significant staff expansion. We expect to go from 120 employees
to around 300 when production is ramped up to handle our order book in the
coming years," says Rickard Vahlberg, Managing Director of Kitron Eltech.

Kitron has entered into a letter of intent with Örnsköldsvik municipality to
acquire the plot for the facility, located about 5 kilometres south of the city
centre. Construction is expected to begin in early 2027, with completion early
in 2028.

For further information, please contact:

Peter Nilsson, President and CEO
Tel: +47 948 40 850

Rickard Vahlberg, Managing Director, Kitron Eltech
Tel: +46 76 137 1310

Email: investorrelations@kitron.com (mailto:investorrelations@kitron.com)

Kitron is a leading Scandinavian electronics manufacturing services company for
the Connectivity, Electrification, Industry, Medical Devices and
Defence/Aerospace sectors. The group has operations in Norway, Sweden, Denmark,
Lithuania, Germany, Poland, the Czech Republic, India, Malaysia, China and the
United States. Kitron has approximately 3300 employees, and revenues were EUR
738 million in 2025.

www.kitron.com (https://www.kitron.com)