11:50 PM EDT, 10/06/2026 (MT Newswires) -- Kongsberg Automotive (KOA.OL) completed the consultation process for the proposed restructuring of its manufacturing operations in Cluses, France. The Norwegian automotive parts manufacturer said Tuesday that it has secured French regulatory approval for the agreement with employee representatives, reached after it launched the consultation process in June. The one-time restructuring costs are estimated at 7.5 million euros, while savings are expected at 4 million euros in 2027 and 5 million euros every year after.

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