Nobina secures tender in Oslo region for NOK 2,7 billion

Nobina has been entrusted once more by Ruter to continue to develop and operate bus services in the Oslo region. The total value of the contract is estimated at about NOK 2,7 billion over the contract period of eight years, with the option to extend by three years. Traffic is scheduled to start in July 2019 and comprises a total of 141 buses, including 22 electric buses.

Nobina is expanding its position and ability to offer electric and fossil-free transport solutions in the Norwegian market. The initiative is part of Ruter’s ambition to work together with operators to achieve fossil-free public transport where all buses will be operating on renewable fuel from the start of traffic.  

“We are proud of the trust shown in us by Ruter. This will enable us to develop public transport in the Oslo region and also to use our expertise and experience to establish electric bus services on a broader scale. At the same time, we can help provide both better public transport and better air quality in line with Ruter’s targets,” says Jan Volsdal, CEO of Nobina Norway.  

Through this initiative, Nobina hopes to contribute to a robust and efficient transport solution with new and modern buses that provide good quality and more comfortable journeys for passengers in the northern Oslo region. 

The buses will be equipped with a real-time Backend as a Service (BaaS) system, which will enable new digital services and solutions to satisfy current and future passenger needs.  

The award decision can be appealed until 22 April 2018.

This information is such that Nobina AB (publ) is obligated to publish in accordance with the EU Market Abuse Regulation. The information was published, through the agency of the contact person mentioned below, on 12 April 2018, at 4:55 p.m. 

For further information, please contact:
David Erixon, Head of Communications, Nobina, +46 72 967 02 84
Jan Volsdal, CEO of Nobina Norway +47 928 43 835

About Nobina
Nobina is the largest and most experienced public bus transport service provider in the Nordic region. The Company’s expertise in prospecting, tendering and active management of public bus transport contracts in combination with long-term delivery quality makes Nobina an industry leader in terms of profitability, development and initiatives that promote a healthier industry. Every day, Nobina ensures that close to one million people arrive at work, school or other activities by delivering contracted public bus transport services in Sweden, Norway, Finland and Denmark. In addition, Nobina offers express bus services under the Swebus brand in the Swedish market. The company has sales of almost SEK 9 billion (2016/17), approximately 12,000 employees, and is headquartered in Solna, Stockholm. For more information, see Nobina’s website: www.nobina.com