Adhoc: Kontron AG sells stake in ubitronix and plans the sale of its RTSoft share
Eching near Munich, 20 March 2014 – Kontron AG has sold its stake in ubitronix system solutions GmbH. Kontron also plans to dispose of its share in Affair 000 with its further Russian participations RTSoft Project, RTSoft ZAO and Training Center RTSoft. The company is already engaged in concrete sales negotiations and expects to conclude the sale during the summer of this year. In 2013, ubitronix and RTSoft accounted for approximately EUR 80 million, representing about 15 percent of Kontron AG’s total revenues.lala
In the financial statements for 2013 of Kontron AG, the Project Business Energy combining the activities of RTSoft and ubitronix will be reported separately as discontinued operations. Kontron will adjust its current forecasts accordingly when it publishes the results for financial year 2013 on 25 March 2014.
For more information:
Harald Kinzler
HERING SCHUPPENER Consulting
Tel: +49 69 9218 7465
Email: hkinzler@heringschuppener.com