NORMA Group Thermal Management Systems Win EUR 157 Million Contract

On August 7, NORMA Group announced a major long-term agreement to supply complex NORMA Group thermal management systems for future vehicle platforms of a leading global automotive customer in Europe. The ten-year contractual program carries an estimated lifetime sales value of approximately EUR 157 million, making it the largest single project order in the company’s history. The agreement reflects a substantial future supply commitment and positions the project as a significant milestone for the company’s thermal management business.

The systems will be produced at NORMA Group’s manufacturing facility in Serbia. The program covers more than 100 thermal management system variants designed for several future vehicle platforms. These systems are an integral element of the vehicles’ thermal management architecture, supporting the dependable transport and distribution of coolant to critical vehicle components while operating under demanding conditions. The scale and technical variety of the program require solutions tailored to different future platform requirements while maintaining reliable coolant distribution across the relevant vehicle systems.

Frequently Asked Questions

What is the value of NORMA Group’s new thermal management contract?
The contract has an estimated lifetime sales value of approximately EUR 157 million over a ten-year contractual period, making it the largest single project order in NORMA Group’s history. The agreement covers complex thermal management systems for future vehicle platforms of a leading global automotive customer in Europe. More than 100 system variants are included in the program, with manufacturing planned at the company’s production site in Serbia. The systems will support reliable coolant transport and distribution to critical vehicle components under demanding operating conditions.