Coor extends contract with The Swedish Transport

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News Desk 2018

Sep 26, 2016 at 3:45 AM

Coor extends contract with The Swedish Transport Administration

Coor has been awarded a new contract by the Swedish Transport Administration after a tendering process, which means Coor being reassigned to coordinate, develop and deliver a substantial number of support services at some 100 offices nationwide in Sweden. The total estimated contract value is some SEK 600 m over a maximum of six years. The Swedish Transport Administration is an authority responsible for road, rail, maritime and air traffic. Coor has been collaborating with the Administration since 2012, which announced that Coor has been granted a new four -year contract with a further two-year extension option, after a public tendering process. The contract consists of a subscription volume plus the option of supplementary project volumes, with an estimated total value of SEK 100 m per year. “We’re pleased about this decision, which we won after a public procurement process. The Swedish Transport Administration is an important customer. Over the years, we’ve worked hard to satisfy its high standards of quality, service mindedness and efficiency. We’ve created good management and collaboration jointly with the Administration, and we’re looking forward to our ongoing mission of continuing to develop our delivery in partnership with them,” commented Klas Elmberg, Executive Vice President of Coor Sweden. The assignment is an IFM (integrated facility management) deal, including services such as cleaning, mail, workspace planning and care, reception services and hot beverages. “Coor is the Nordic market leader in IFM solutions. We are convinced that there is also great potential to identify effective and innovative IFM solutions in the public sector, where these assignments are still fairly uncommon. Apart from The Swedish Transport Administration, we also currently deliver integrated service solutions to among others the NKS teaching hospital and Danish Police Service, which we’re really proud of,” commented Mikael Stöhr, Coor’s CEO and President. A customary contract restriction applies for ten days after the award decision. For more information, images etc., please visit www.coor.com or contact: Mikael Stöhr, President and CEO, Coor Group, +46 10 559 59 35, mikael.stohr@coor.com Klas Elmerg, Excecutive vice President, Coor in Sweden, +46 10 559 59 35, klas.elmberg@coor.com Åsvor Brynnel, Communications and Sustainability Director, +46 10 559 54 04, asvor.brynnel@coor.com This information is information that Coor Service Management Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at September, 26, 2016, at 09:30 CET. Coor is a leading provider of facility management services in the Nordics, focusing on integrated and complex service undertakings (IFM). Coor offers specialist expertise in workplace services (soft FM), property services (hard FM) and strategic advisory services for development of customers’ service activities. Coor creates value by executing, leading, developing and streamlining its customers’ service activities, ensuring that they provide optimal support to the core business over time. Coor’s customer base includes many large and small companies and public-sector organisations across the Nordic region, including AB Volvo, Aibel, Det Norske Veritas, E.ON, Ericsson, EY, ICA, NCC, Politiet (Danish Police), Saab, Sandvik, SAS, Skanska, Statoil, Telia, Swedish Transport Administration, Vasakronan and Volvo Cars. Coor was founded in 1998 and is listed on Nasdaq Stockholm since 2015. At 31 March 2016, the company had 6,100 employees (FTE) based mainly in Sweden, Denmark, Norway and Finland, and annual sales of SEK 7,500 million (rolling twelve-month basis). Coor takes responsibility for the operations it conducts, in relation to its customers, employees and shareholders, as well as for its wider impact on society and the environment. Read more at www.coor.com

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