Nobina wins in Helsinki, contract worth more than EUR 80 million

Nobina Finland has won a tender comprising 94 buses for HSL (Helsinki Region Transport). The service contracts run for periods of two and seven years, respectively, with the option of an extension of up to three years. The estimated total value is in excess of EUR 80 million over the initial contract period (before optional years). The new service will commence on August 10, 2015.

The decision by HSL means that Nobina will operate routes in the Vantaa region of Helsinki, with an increase of 61 buses, compared with existing contracts. The tender outcome may be appealed until December 9.

“We are very pleased by the continued confidence in Nobina shown by HSL. The successful tender outcome will increase our contract portfolio in Finland substantially. This achievement is largely attributable to economies of scale, since we will use more than 50 existing buses, which have been made available for this service assignment,” says Ragnar Norbäck, President and CEO of the Nobina group.

As a result of the contract win, Nobina will invest in approximately 40 new buses. The remaining buses will be reallocated from existing bus fleets in Finland and Norway.     

For more information, please contact:
Ragnar Norbäck, CEO and President Nobina AB, 
telephone +46 (0)8-410 650 00

Per Skärgård, CFO Nobina AB, 
telephone +46 (0)8-410 650 56

Ingrid Håkanson, IR Manager Nobina AB, 
telephone +46 (0)8-410 650 51

The Nobina group is the largest bus passenger transport company in the Nordic region. The operations include contractual regional traffic in Sweden, Denmark, Norway and Finland, as well as independently operated interregional traffic through Swebus. The Nobina group has annual sales in excess of SEK 7 billion, operates 3,500 buses and, with more than 260 million passenger journeys per year, and is one of the major passenger transport companies in northern Europe. For more information, please see www.nobina.com.

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