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Nobina wins bus traffic contract valued at close to SEK 400 million

Nobina has won a tender to operate regional traffic in Norrköping. The new contract will start on 20 June 2016 and extend over six years with the possibility for a two-year extension. The total value is estimated at close to SEK 400 million over the six-year contract period.

Nobina has operated regional traffic in Norrköping and its environs since 2011. Östgötatrafiken’s decision means that Nobina will continue its successful operations.

“We’re pleased by Östgötatrafiken’s confidence in Nobina to continue our operations in Norrköping and its surroundings. Together with Östgötatrafiken, we look forward, also in the future, to welcoming more, and more satisfied, customers to public transport,” says Ragnar Norbäck, President and CEO of Nobina.

The new contract covers 27 buses characterised by clear environmental goals, in which all vehicles will run on renewable fuel.

The award decision is appealable not later than 28 September.

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 4:15 p.m. CET on 17 September 2015.

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