Donkey Republic is awarded long term contract in Hannover and expands foothold in the strategic German growth market
Company Announcement no. 25-2023*Contains insider information* Donkey Republic is awarded a contract by the GVH – Großraum-Verkehr Hannover GmbH to operate a bike share system with a minimum total contract value of approx. 8.8M DKK (1.2M EUR) for a 3 year duration with the potential of further extensions of 2 year periods. The minimum total contract value is 8.8M DKK (1.2M EUR) consisting of 1,000 pedal bikes. In addition, Donkey Republic will collect the rider revenue, potential proceeds from sponsoring deals and other corporate partners. The contract is a result of executing