The Nordic region’s largest and most experienced public transport company
Nobina Interim Report 1 September 2020–30 November 2020
Strong earnings, two acquisitions and a new climate target.
Despite the challenging market, Nobina has continued to improve earnings through efficiency improvements, retroactive revenue from negotiations and the comprehensive adaptation carried out by the subsidiary Samtrans to its business model during the pandemic. In November, a new climate target was launched that demonstrates the company’s high ambitions in its endeavour to reduce GHG-emissions and to help tackle climate challenges. In December, two acquisitions were announced that strengthen our operations and capabilities in key strategic areas.
Nobina completes strategic acquisition of Göteborgs Buss and strengthens its position in special needs transportation
Nobina has entered an agreement to acquire the bus company Göteborgs Buss AB, domiciled in Gothenburg, Sweden. The acquisition strengthens Nobina’s position – through its wholly owned subsidiary Samtrans – in special needs transportation, and thus also enables the company’s entry to the market in western Sweden.