StrongPoint

StrongPoint ASA: Self-Checkout order worth more than 3 MEUR to a leading retail chain in the Baltics

10.11.2020 08:15:42 CET | StrongPoint | Inside information

(Vilnius, Lithuania, November 10, 2020): StrongPoint has today signed an agreement with the retail chain Palink (part of REWE Group) to deliver Self-Checkout solutions worth more than 3 MEUR. Palink (which manages the "IKI" brand stores in Lithuania) is continuing with the expansion of self-checkout solutions in its stores.

StrongPoint has previously supplied Palink with self-checkout solutions. This new order will be delivered in 2021 and installations will be grouped and staggered over time.  

“Technology is the key to providing better shopping experiences and instore efficiency. We are extremely proud that a valued customer continues to partner with us to provide world-leading retail technology solutions,” says Jacob Tveraabak, CEO of StrongPoint. 

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Contacts

Hilde Horn Gilen

CFO StrongPoint ASA

hilde.gilen@strongpoint.com

About StrongPoint

StrongPoint is driving productivity for European retailers by providing innovative, integrated technology solutions for multi-channel retailing based on long-standing relationships with customers and partners. StrongPoint is also a leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for customers in Norway and Sweden. StrongPoint offers best-in-class service and consultancy expertise through its team of 521 employees in Norway, Sweden, the Baltics, France, Belgium, Spain and Russia. StrongPoint is headquartered in Rælingen, Norway, and listed on the Oslo Stock Exchange (ticker: STRONG).

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