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The latest announcement is out from Norbit ASA ( (DE:4NK) ).
NORBIT ASA’s Connectivity segment has secured a significant order from Toll4Europe, a leading European Electronic Toll Service provider, for GNSS On-Board Units valued at NOK 160 million, with deliveries expected in the first half of 2026. This repeat order underscores NORBIT’s capability to deliver customized technology solutions and strengthens its position as a trusted technology partner in the tolling service industry.
More about Norbit ASA
NORBIT ASA is a global provider of tailored technology solutions across three business segments: Oceans, Connectivity, and Product Innovation & Realization. The company focuses on solving challenges and promoting sustainability through innovative solutions. NORBIT is headquartered in Trondheim, with manufacturing facilities in Europe and North America, and employs around 650 people. It has a worldwide sales and distribution platform.
Average Trading Volume: 199,886
Current Market Cap: NOK10.63B
See more insights into 4NK stock on TipRanks’ Stock Analysis page.