Today, ISS Facility Services in Norway announced an agreement with energy company, Equinor to deliver services to its office sites. The contract will run for five years, with a possible extension of five additional years. With a revenue of MNOK 550 per year for five years, this is the largest facility management contract in the Norwegian market.
ISS will deliver a full range of integrated facility services, including cleaning, food and catering, operations maintenance, as well as office support and security, to 12 office sites in six different Norwegian cities. Around 550 ISS employees will be involved in the daily operations.
Carl-Fredrik Bjor, CEO of ISS Facility Services in Norway, said:
'This is a big day for ISS. We are very proud to have entered a strategic collaboration with Equinor. Now, we look forward to delivering high quality services that will contribute to a motivating and productive work environment for Equinor's employees, delivered by people who care. I would like to thank everyone involved across the entire ISS enterprise, who have worked tirelessly to make this happen, and we look forward to a fruitful partnership with Equinor going forward.'
The contract is a Vested contract, and the largest of its kind ever signed in the Nordics. In contrast to traditional outsourcing, where you buy carefully selected services, a Vested agreement is built upon mutual trust and both parties commit to each other's success, resulting in better services and reduced cost. Vested is a methodology developed by researchers at the University of Tennessee and the process has been facilitated by an approved facilitator and will be certified by the University of Tennessee.
For investor enquiries
Michael Bjergby, Head of Group Investor Relations, +45 31 37 41 71
Louisa Baruch Larsson, Senior Investor Relations Manager, +45 38 17 63 38
For media enquiries
Kenni Leth, Head of Global PR & Media Relations, +45 51 71 43 68
Attachments
Original document
Permalink
Disclaimer
ISS A/S published this content on 30 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2021 10:59:24 UTC.
ISS A/S is one of the world's leaders in general services to companies and communities. The activity is organized around 6 areas:
- cleaning services: to administrative premises, schools, hotels, health facilities, industrial companies, etc.;
- building technical maintenance and landscape development services (20%). The group also develops rat and insect extermination products distribution activity;
- catering services;
- support services: distribution and management of mails, logistics services, etc.;
- security services: building gardening and security services, alarm and access control systems installation, etc.;
- professional and industrial premises management and development.
Net sales are distributed geographically as follows: Denmark (3.8%), the United Kingdom and Ireland (13.5%), the United States and Canada (8.9%), Switzerland (8.1%), Germany (7.5%), Australia and New Zealand (6.5%), Turkey (6.1%), Spain (5.7%) and other (39.9%).