Green Landscaping strengthens its presence in the City of Stockholm

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Wins agreement for park maintenance, cleaning, and winter road maintenance in the district of Hässelby-Vällingby.

A subsidiary within Green Landscaping Group has, through tenders, been awarded contract regarding park maintenance, cleaning, and winter road maintenance for another district in the City of Stockholm. The district of Hässelby-Vällingby expands the Group's already strong presence in the municipality, which has previously consisted of most districts, municipal central parks, and municipal companies, including Kungsholmen, Östermalm, Kungsträdgården, Svenska Bostäder and Micasa.

- The agreement means that we are growing strongly in the northern parts of Stockholm. We see clear synergies with our current assignments, and this gives us even better conditions to deliver high quality and service to our customers. We will be able to reduce the proportion of transport between assignments, which gives us both increased efficiency and a positive impact on the environment in the form of smaller emissions. The new agreement also means that we need to recruit about ten new employees, including two to three supervisors, something that is extra good during these times, says result unit manager Fredrik Sandin.

- I am very happy about our new collaboration and grateful to work in an industry that continues to perform well and has the opportunity to hire staff, concludes Fredrik Sandin.

The agreement runs, including possible option years, until 2027 and delivery starts on October 1, 2020.

The information was submitted for publication on July 9, 2020 at 07:00 CET, through the contact persons below.

For more information:

Fredrik Sandin, Result Unit Manager, Green Landscaping AB
+46 76 273 84 83
fredrik.sandin@greenlandscaping.se

Carl-Fredrik Meijer, CFO, Green Landscaping Group AB
+46 70 108 70 19,
carl-fredrik.meijer@greenlandscaping.se

Green Landscaping Group is the leading player in ground maintenance and landscaping of outdoor environments in Sweden. Our business concept is to enhance the customer's outdoor environment by offering services focused on high customer value, long-term sustainability, and quality. The Company has approximately 1,300 employees and sales amount to approximately SEK 2 billion. The Company's shares are listed on Nasdaq Stockholm with the ticker GREEN. For more information visit www.greenlandscapinggroup.se.