Nobina wins two major contracts in Stockholm featuring electric buses

Nobina has been awarded two new contracts by SL to operate and develop public transport services in Huddinge-Botkyrka-Söderort and Nacka-Värmdö. The contracts largely include electric buses, which will be the first time this type of vehicle will be introduced on a broader scale in the Stockholm region. Under both agreements, services will commence in April 2023 and the total value is approximately SEK 12.7 billion over the ten-year contract period. No additional optional years are included.

The two new contracts mean that Nobina will expand its operations in Stockholm. All vehicles will meet the highest environmental requirements according to industry standards and will run on 100-percent fossil-free fuel. Furthermore, the vehicles will be equipped with security cameras, real-time systems, USB chargers and low entry steps, providing Nobina’s passengers with a welcoming and safe journey.

The contracts involve approximately 530 scheduled buses when services commence, a large portion of which will be electric buses. Additional scheduled buses will subsequently be added over both contract periods; an additional approximately 40 electric buses will be added to the Huddinge-Botkyrka-Söderort contract while approximately 70 electric buses will be added to the Nacka-Värmdö contract.

“Nobina and SL have a well-established and long-standing cooperation and it is gratifying to extend this further by concluding these two new contracts,” says Henrik Dagnäs, Managing Director, Nobina Sweden. “It is also particularly pleasing that both contracts entail a robust expansion of electric buses in Stockholm. At Nobina, sustainability is a matter of course and is also a promise to our passengers. The focus on electric buses is a clear example of how we are working to fulfil this promise, and represents one of several important contributions to the company’s goal to reduce carbon dioxide emissions by 80 percent by 2030.”

The award decision can be appealed until 29 October 2021.

This information is such that Nobina AB (publ) is obligated to disclose pursuant to the EU Market Abuse Regulation. The information was published, through the agency of the contact person mentioned below, at 3:47 p.m on 19 October 2021.

For further information, please contact:

Mattias Gelinder, Group Treasurer & Head of IR
mattias.gelinder@nobina.com +46 72 967 02 61

David Erixon, Head of Communications
david.erixon@nobina.se +46 72 967 02 84

About Nobina

This is Nobina. We are the Nordic region’s largest public transport operator, with 12,000 employees across four countries. Every day, all year round, one million people choose to travel more sustainably with us. From north to south, in urban and in rural areas. To the next bus stop, or all the way home. Together with our passengers and clients, we are big enough to make a real difference. From a welcoming greeting and a comfortable bus journey, to new smart technology that contributes to more fossil-free travel. A unique opportunity to bring about change.

The Group operates in Sweden, Norway, Denmark and Finland and reported sales of almost SEK 11 billion in 2020/2021. In the Swedish market, Nobina also operates service traffic under the Samtrans, Göteborgs Buss and Telepass brands and in the Danish market under the Ørslev brand. Nobina is listed on Nasdaq Stockholm.

Together, we keep society moving every day.

More information is available on: www.nobina.com