Nobina

Source: Wikipedia, the free encyclopedia.

Nobina AB (publ)
FormerlyConcordia Bus AB (publ)
Company typePublikt aktiebolag
IndustryPublic transport
Founded1999
HeadquartersSolna,
Stockholm
,
Sweden
Areas served
Key people
Magnus Rosén (CEO)
BrandsSwebus
Revenue
  • Increase SEK 7,549 million (2014)
  • SEK 7,269 million (2013)
  • Increase SEK 371 million (2014)
  • SEK 326 million (2013)
  • Increase SEK 141 million (2014)
  • SEK 87 million (2013)
Total equity
  • Increase SEK 310 million (2014)
  • SEK 224 million (2013)
Number of employees
  • Increase 7,603 (2014)
  • 7,547 (2013)
Websitewww.nobina.com
Footnotes / references
[1][2]
Concordia Bus BV
Company type
National Express (1997–99)
  • Bus Holdings Sàrl (1999–?)
    • Websitewww.nobina.com

    Nobina AB (formerly Concordia Bus AB) is the largest bus transport group in the

    Nordic region, serving markets in Denmark, Finland, Norway and Sweden with a total of 3,347 buses (2014).[2] Since 2005 the group is based in Stockholm
    .

    History

    Trunk line 510 bus (Scania Citywide LE Suburban, operated by Nobina Finland) at Aleksis Kiven katu, Helsinki.

    Concordia Bus BV was founded in 1997 by

    National Express (63%).[3] The company was registered in Amsterdam, Netherlands, but was managed by Schøyen-subsidiary Concordia Bus Management AS with headquarters in Oslo, Norway.[4]

    In 1999, National Express withdrew, while

    Swebus from Stagecoach Group, which had been acquired in October 1996 as part of the privatisation of the Swedish State Railways' bus operations.[3][5] The transaction was approved by the European Commission on 10 December 1999[6] and completed in January 2000.[7] Swebus consisted of holding company Swebus AB, Swedish operating subsidiary Swebus Sverige AB, Finnish operating subsidiary Stagecoach Finland Oy Ab, Swedish tourist coach operator Interbus AB and some other minor subsidiaries. The group structure became, from top to bottom, Concordia Bus BV > Concordia Bus Holding AB > Concordia Bus AB > Concordia Bus Nordic Holding AB > Swebus AB, and then all the subsidiaries. In May 2001, Swebus AB changed name to Concordia Bus Nordic AB, and Swebus Sverige AB subsequently changed to Swebus AB.[8][9]

    1 February 2001, the ownership of Schøyen Gruppen's subsidiary

    Ingeniør M. O. Schøyens Bilcentraler (SBC) was transferred to Concordia Bus.[10]
    SBC was one of Norway's oldest and largest bus operators, dating back to 1921.

    The acquisition of Swebus was partly financed through bond loans, which led to a financial restructure finalized on 4 October 2005, where the loans were converted to

    Avenue Capital (11%), Fidelity Funds (9%) and Lone Star (7%).[13][14]

    In March 2006, Concordia Bus Fleet AB was formed to maintain all leased and owned buses, where all leased buses would belong to Concordia Bus Fleet, while all owned buses would belong to Swebus BusCo AB, both companies with the same management. By 1 March 2007 all 3,503 buses had been transferred from the operating companies and then leased back to them, with the exception of some special buses in Sweden.[15] On 4 December 2006, Interbus was sold to Strömma Turism & Sjöfart AB [sv].[16] By 1 July 2007, SBC changed name to Concordia Bus Norge AS.[17]

    19 October 2008, Concordia Bus Danmark A/S commenced their first PSO contract for Movia at North Zealand.[18] Later, operations have been expanded to Jutland.

    1 December 2009, the whole group of companies changed name from Concordia Bus to Nobina, with the exception of Swebus Express.

    Swebus
    was now available, Swebus Express started trading as just Swebus, while the real name of the company is still Swebus Express AB.

    Operations

    Structure

    Group Structure (at May 2015)[1][2]
    Nobina AB (publ)
    Nobina Europe Holding ABNobina Fleet AB
    Nobina Europe AB (publ)
    Nobina BusCo AB
    Nobina Danmark A/S
    Nobina Finland Oy Ab
    Nobina Norge AS
    Nobina Sverige AB
    Swebus Express AB
    Nobina Norge BYD K11U ebus-18

    Nobina A/S

    Danish operating subsidiary. Operates city buses in Copenhagen, Herlev, Hillerød, Næstved, Roskilde, Frederikssund, Frederiksværk, Holte and Vejle, and regional buses in Hillerød area. Operating since 2008 with headquarters in Glostrup.

    Nobina Finland Oy Ab

    Former Oy Swebus Finland Ab (with auxiliary business names Espoon Auto and TransBus), Stagecoach Finland Oy Ab and Concordia Bus Finland Oy Ab. Finnish operating subsidiary with history dating back to 1926. Operates in Helsinki area with headquarters in Espoo.

    Rautatientori

    Nobina Norge AS

    Former Ingeniør M.O. Schøyens Bilcentraler AS and Concordia Bus Norge AS. Norwegian operating subsidiary, formed in 1921 by Martin Olsen Schøyen. Headquartered in Oslo and operating routes in Oslo, Akershus, Hordaland and the city of Tromsø.

    Further information: Nobina Norge

    Nobina Sverige AB

    Former Swebus AB. Swedish operating subsidiary with history dating back to 1911. Operating in major parts of Sweden.

    Further information: Nobina Sverige

    Swebus Express AB

    Operates intercity coach service in southern parts of Sweden. In 2009 rebranded as just Swebus. On 2 May 2018 Nobina AB sold Swebus to the German long distance coach operator Flixbus.[20]

    Further information: Swebus Express

    References

    1. ^ a b "Nobina AB (publ)". allabolag.se (in Swedish). Retrieved 14 May 2015.
    2. ^ a b c "Annual Report 2014/2015" (PDF). Nobina AB. 6 May 2015. Retrieved 14 May 2015.
    3. ^ a b "Concordia køber Swebus". myldretid.dk (in Danish). 7 December 1999. Retrieved 23 March 2015.
    4. ^ "Buss" (in Norwegian). Schøyen Gruppen. Archived from the original on 2 January 2002. Retrieved 23 March 2015.
    5. ^ "Concordia Bus acquires Swebus". Concordia Bus. 27 October 1999. Archived from the original on 21 January 2002. Retrieved 23 March 2015.
    6. ^ "Case No COMP/M.1768 - Schøyen / Goldman Sachs / Swebus" (PDF). European Commission. 10 December 1999. Retrieved 23 May 2015.
    7. ^ "Swebus". Concordia Bus. Archived from the original on 3 July 2007. Retrieved 25 March 2015.
    8. ^ "EDGAR Filing Documents for 0001047469-04-018896". U.S. Securities and Exchange Commission. 28 May 2004. Retrieved 23 May 2015.
    9. ^ "EDGAR Filing Documents for 0001104659-06-072053". U.S. Securities and Exchange Commission. 7 November 2006. Retrieved 23 May 2015.
    10. ^ "Concordia Bus Norge AS". Concordia Bus. Archived from the original on 29 June 2007. Retrieved 25 March 2015.
    11. ^ "Bussen har gått for Schøyen" [The bus has passed for Schøyen] (in Norwegian). Nettavisen. 19 July 2005. Retrieved 23 March 2015.
    12. ^ "The history of Concordia Bus". Concordia Bus. Archived from the original on 29 June 2007. Retrieved 25 March 2015.
    13. ^ "Key facts of Concordia Bus". Concordia Bus. Archived from the original on 29 June 2007. Retrieved 15 May 2015.
    14. ^ "Concordia Bus Nordic AB, Form 20-F, Filing Date May 16, 2007". secdatabase.com. Retrieved 15 May 2018.
    15. ^ "Concordia Bus Fleet AB". Concordia Bus. Archived from the original on 29 June 2007. Retrieved 25 March 2015.
    16. ^ "Strömma Turism & Sjöfart köper Interbus". Concordia Bus. 23 November 2006. Archived from the original on 29 June 2007. Retrieved 25 March 2015.
    17. ^ "Concordia Bus Norge - Startside". sbcbuss.no (in Norwegian). Archived from the original on 31 July 2007. Retrieved 23 May 2015.
    18. ^ "Movias 2. udbud: Concordia ind i Danmark". myldretid.dk (in Danish). 7 February 2008. Retrieved 18 May 2015.
    19. ^ "Concordia Bus changes its name to Nobina". Concordia Bus. 2 November 2009. Archived from the original on 15 December 2009. Retrieved 15 May 2015.
    20. ^ "Swebus säljs till FlixBus – Nobina ger upp | Bussmagasinet".

    External links

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