Nobina wins bus transport contract worth almost SEK 100 million
Nobina has won a contract to provide transport services on behalf of HSL, (the Helsinki region public transport authority) involving the operation of city traffic in Espoo. The new contract enters into force on 15 August 2016 and will extend over three years, with the possibility for a three-year extension. The total value is estimated at close to SEK 100 million over the three-year period.
The decision by the Helsinki region PTA means that Nobina will continue to engage in its successful work. The new contract covers 13 buses. Nobina will invest in 2 new buses.
“In December, we were awarded a contract for 94 buses by HSL, and it is positive that HSL has now chosen Nobina to provide an additional service. We look forward, together with them, to continuing to develop transport for the benefit of our clients as well as passengers, and to further improve our customer satisfaction rating in the HSL area,” says Tom Ward, Head of Nobina Finland.
The award decision is appealable not later than 23 February 2016.
For more information, please contact:
Stina Thorman, pro tem Head of Investor Relations Nobina AB, telephone 08-410 650 71
Ingrid Håkanson, IR-manager Nobina AB, telephone 08-410 650 51
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 more than 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 approximately 7,600 full-time equivalent employees and is headquartered in Stockholm. For more information, visit: www.nobina.com.
Nobina AB (publ) discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 11.00 a.m. CET on 10 February 2016.
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