Nobina's contract to operate city transport in Malmo has been renewed by Skanetrafiken. The contract concerns the operation of 101 scheduled buses and is worth about SEK 931 million over the contract period of three years.

Traffic services will start in June 2021 and, following the contract period of three years, there is an optional extension period of three years. All of the buses will be equipped with Wi-Fi, USB sockets and digital information screens. A large share of the bus services will be electric-powered.

'We are pleased to have secured this contract and look forward to continuing to work together with Skanetrafiken to develop city transport in Malmo, increasing the number of passengers and ensuring more satisfied customers while generating even greater societal benefits,' says Henrik Dagnas, Managing Director, Nobina Sweden.

The award decision can be appealed until 9 December 2019.

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 persons mentioned below, on 29 November 2019, at 12:30 p.m.

(C) 2019 Electronic News Publishing, source ENP Newswire