Market News / Story
Kongsberg Automotive receives approval for Cluses restructuring, strengthening competitiveness and long-term profitability
MFN by Modular Finance ·
MFN by Modular Finance reports: Restructuring of Cluses aligns the cost base with market demand and is expected to achieve payback within two years. Kongsberg, 6 October 2026: Kongsberg Automotive ASA (KA) has completed the consultation process related to the restructuring of its manufacturing operations in Cluses, France. The Cluses operation has generated significant negative financial results over several years and negatively impacted profitability for KA. Substantial cost savings are…