Opus begins vehicle inspection in Parral, Chile

After passing final examination of the Chilean Ministry of Transportation and Telecommunication (MTT), Systech Chile Ltda., a subsidiary of Opus, opened its vehicle inspection station in Parral, Chile to the public on February 27th, 2017. 

The opening of the Parral Planta de Revisión Técnica (PRT), which is what Chilean inspection stations are called, is the second of eight stations, in multiple regions, currently being designed, built and operated by Systech Chile.

“We are pleased to have obtained approval of the Ministry to open our state-of-the-art PRT station in Parral,” said José Joaquín Velázquez Espinosa, Country Manager Chile of Opus. “We look forward to providing efficient, safe and convenient vehicle inspection services for the community of Parral, and the other communities in the Maule Region.”

Under an 8-year concession contract with MTT, Sytech Chile will conduct approximately 85,000 paid vehicle inspections a year in the the Maule Region. The new PRT, where 25,000 vehicle inspections are expected to be performed each year, will be the only vehicle inspection station in the Parral community.

The new PRT has two lines to serve heavy and light vehicles using the latest technologies available.

“Our recently hired and trained local staff is highly motivated and excited to get started to provide the best professional service to our customers.”, said Alfredo Granai, President of Opus’ Latin American division. "This start up is another step forward to fulfill Opus Inspection's ambitious growth plans for Chile where our goal is to have eight inspection stations operational in 2017."

Mölndal March 2, 2017
Opus Group AB (publ)

   

For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se

Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se

Opus Group is a leading innovative technology focused growth company in the vehicle inspection market. The company has a strong focus on customer service and innovative technology within IT, emission testing and vehicle communication. The Group had SEK 1,697 million in revenues in 2016 with strong operating cash flow and good operating profitability. With over 1,600 employees, Opus Group is headquartered in Mölndal in the Gothenburg region of Sweden and has 25 regional offices, 20 in the United States and the others in Stockholm, Peru, Chile, Mexico and Pakistan. Opus Group has production facilities in the U.S. in Hartford and Ann Arbor. The Opus Group share is listed on Nasdaq Stockholm.

About Us

Opus is a technology driven growth company in the vehicle inspection and vehicle services markets. The company has a strong focus on customer service and innovative technology within emission and safety testing and vehicle services. Opus’ plan is to double its revenues to reach USD 400 million in revenues and USD 100 million in EBITDA by 2021. The main growth is estimated to come from the expansion of the vehicle communication and services business and the international expansion of the vehicle inspection business with a primary focus on the Latin American and Asian markets. Opus is headquartered in Gothenburg, Sweden. Opus has 30 regional offices of which 20 are located in the United States and the others in Stockholm, Peru, Chile, Argentina, Australia, Germany (dormant), Mexico and Pakistan. Opus has production facilities in the U.S. in Hartford, Ann Arbor and Tucson. The Opus share is listed on Nasdaq Stockholm.

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