Kongsberg Automotive gets French approval for Cluses restructuring after employee talks

• Kongsberg Automotive secured French authorities’ clearance for a restructuring of its Cluses, France manufacturing site, following consultations with employee representatives.
• Cluses has posted significant losses for several years, pressuring group profitability; the overhaul targets a leaner cost base aligned with demand.
• One-time restructuring costs estimated at MEUR 7.5, with MEUR 7 expected to be recognized in Q4 2026.
• Plan targets cost savings of about MEUR 4 in 2027, rising to roughly MEUR 5 annually thereafter; payback expected in under two years.

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