Careium wins multi-year contract with Oslo Municipality

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Careium, the European champion in technology enabled care, has agreed a new contract with Oslo Municipality for servicing Oslo’s 11 5000 seniors in need of telecare solutions and response services. The new contract, the largest-scale in all of Norway for similar services, spans 3 fixed years with three potential extensions of 1 + 1 + 1 additional years, leading to a contract time of 3-6 years. Annual value is estimated at SEK 50m per year, with the option to add additional services onto the contract.

“We are immensely proud of Oslo, with its high focus on innovation and quality, choosing to partner with Careium. The Oslo model, wherein software/platform and a full range of services from mobile response to remote monitoring are delivered in one comprehensive package is something for other entities – public or private – to learn a lot from as it truly enables rich, safe and active lives”, says Careium CEO Christian Walén

The contract comes into effect 27th of October 2024. The previous contract, that Careium defended, was estimated at SEK 33m per year.

For further information contact Christian Walén, President & group CEO Careium +46 739095965

E-mail : ir@careium.com

Careium is today one of the leading players in technology-enabled care in Sweden, Norway, the United Kingdom and the Netherlands. This position means that Careium is one of the leading players in Europe that provides technology-enabled care. Careium's innovative solutions improve the safety, quality of life and independence of seniors both inside and outside the home. For the care provider, the Company's solutions mean increased efficiency and the opportunity to invest resources in more valuable activities. Careium is one of the few players that can offer the entire chain with security alarms, sensors (fall sensors, smoke detectors, motion detectors, etc.), accessories (cameras, electronic locks, robotic medication assistive devices, etc.) and secure communication with alarm response: we offer a complete digital alarm chain. FNCA Sweden AB is appointed certified adviser.

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