sur NORMA Group AG (ETR:NOEJ)
NORMA Group Secures Significant Order for Tank Ventilation Systems
NORMA Group, based in Maintal, Germany, announced securing a substantial contract for its tank ventilation line systems. This contract, valued at approximately EUR 140 million, spans from mid-2026 to 2035 and involves supplying a prominent European automotive manufacturer. The systems are pivotal in curbing evaporative emissions by ensuring fuel vapors don't escape into the environment but are used in the combustion process.
CEO Guido Grandi highlighted the importance of such systems amidst stricter vehicle emission standards and the shift towards climate-friendly mobility. NORMA Group acts as a key partner for automotive manufacturers aiming to comply with these regulations.
The development and production of these systems will occur in NORMA’s facilities in Subotica, Serbia, and Qingdao, China. The systems will be integrated into vehicles produced at the customer's plants across Europe, Asia, and America.
R. P.
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