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Nobina makes major investment in 56 lightweight buses

2/3/2012 9:14 AM EST  -   Nobina AB
Nobina is continuing to develop its fleet of buses and is investing in new lightweight buses to be put into service in Helsinki, where Nobina recently gained extended responsibility for parts of the city traffic. The company will invest in a total of 81 buses, of which 56 are lightweight buses, and these new buses will be put into service in the late summer of 2012.
At the end of 2011, Nobina Finland won the...

Nobina wins traffic contract in Oslo worth NOK 1.5 billion

1/27/2012 10:02 AM EST  -   Nobina AB
Nobina wins one of Norway's largest traffic tenders ever and takes over the bus traffic in Oslo West with approximately 78 buses and 230 employees. The contract is valid for seven years, is worth around NOK 1.5 billion increasing Nobina’s Norwegian contract portfolio by approximately 30 percent. The contract has an option of three extension years. The new agreement also involves Oslo’s largest investment ever in...
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Allison Transmission in Mitsubishi Aero Star buses bring safe riding to treacher...

1/17/2012 8:58 AM EST  -   Propel Technology Ltd
New Hakone Tozan Buses equipped with Allison automatic transmissions provide smooth service even on narrow roads.
Tokyo, Japan – The Hakone area outside Tokyo, Japan has long has been known as a dangerous area for road travel due to steep mountain roads and sharp curves that are the most precipitous in the country. Drivers encounter these treacherous roads and curves at short intervals over long stretches,...

NOBINA AB – INTERIM REPORT

12/21/2011 1:45 AM EST  -   Nobina AB
THIRD QUARTER (SEPTEMBER 1 – NOVEMBER 30, 2011) · Sales amounted to SEK 1,750 million (1,715), an increase of 2 percent or SEK 35 million. · Operating profit of SEK 60 million (101), a decrease of SEK 41 million. · Earnings for the period amounted to SEK -12 million (52). Earnings per share of SEK -0.46 (2.08), primarily affected by an unrealized exchange rate loss on the Senior Note. · Cash flow from the...

Nobina makes large investment in new biogas buses

11/21/2011 9:25 AM EST  -   Nobina AB
Nobina invests over half a billion SEK in new buses for regional traffic. The new buses will be put into service in Skåne and Uppland as of summer 2012.
In 2012, Nobina starts extensive regional traffic in Skåne and Uppland among other places, as a result of previous contract wins in the autumn. Prior to the traffic start Nobina invests in 121 buses from Scania, out of which 109 are biogas buses, as well as 76...
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Allison Transmission produces its 5,000th Hybrid System for buses and coaches

11/16/2011 4:58 AM EST  -   Propel Technology Ltd
Fuel-saving Allison hybrid systems for end-user evaluation began in 2001.  Since that time, the increasing global demand for more durable, fuel-efficient and low-emission transit buses has made Allison Transmission a leader in the design, manufacture and sale of commercial vehicle hybrid products.  Allison hybrids capture otherwise wasted energy and stores it for later use in assisting vehicle propulsion - saving...
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European bus fleets reorder Allison hybrid technology to reduce emissions and fu...

10/27/2011 7:23 AM EST  -   Propel Technology Ltd
Sales of the Allison Hybrid system within the European bus market have grown in 2011. Allison Transmission – a leader in hybrid-propulsion systems for the bus market – has secured several new and repeat orders from operators resulting from initial trial purchases and demos. Allison’s hybrid system has demonstrated outstanding reliability along with significant fuel savings in European applications.

Fleets in Norway...

Nobina wins traffic contract in Uppland worth close to SEK 5 billion

10/11/2011 2:44 AM EST  -   Nobina AB
Nobina Sverige won the traffic contract for the regional bus services in Uppland, comprising 163 buses. The value of the new contract is almost SEK 5 billion over the full contract period, or around SEK 490 million per year. The new agreement comprises a combination of fixed price and incentive-based compensation, and runs for 10 years, starting in June 2012.
Nobina already is responsible for the bus traffic in...

NOBINA AB INTERIM REPORT MARCH 1 – AUGUST 31, 2011

9/30/2011 1:57 AM EST  -   Nobina AB
SECOND QUARTER (JUNE 1 – AUGUST 31, 2011) · Sales reached SEK 1,739 million (1,582), an increase of 9.9% or SEK 157 million. · Operating profit of SEK 67 million (90), a reduction of SEK 23 million. · Earnings for the quarter amounted to SEK -18 million (45), negatively affected primarily by an unrealized exchange rate loss on the Senior Notes. Earnings per share amounted to SEK -0.74 (1.81). · Cash flow...

Invitation to participate in the conference call regarding the interim report fr...

9/23/2011 1:55 AM EST  -   Nobina AB
Nobina AB's interim report on the second quarter will be published on Friday September 30th 2011 at 08:00 (CET). A conference call will take place on that same day at 10:00 (CET). Please note that the date was changed since the Q1 report was published. CEO and President Ragnar Norbäck together with CFO Per Skärgård will be presenting and commenting on the report as well as answering questions. The interim report...