Contract wins from leading Swedish bus operator significantly enhancing geographic footprint
Posted: 16 February 2011 | 21st Century Technology | No comments yet
21st Century has been awarded two contracts totalling £7.2m by Keolis Sverige AB to supply CCTV systems…
21st Century, the supplier and installation service provider of public transport CCTV and vehicle monitoring systems, today announces that it has been awarded two contracts, totalling £7.2m, by Keolis Sverige AB (“Keolis”) to supply CCTV systems, related maintenance and depot infrastructure for a total of 1,475 buses which Keolis operates under the “Busslink” trading name in Stockholm.
Keolis, which is Stockholm’s largest public transport operator, is one of Europe’s leading public transport operators with 160 subsidiaries established across twelve countries on three continents.
The first contract is for the installation of CCTV on 507 buses and related infrastructure, which will be installed in the current year and is worth in excess of £2.4m. This includes on-going maintenance revenue of around £0.1m per annum for two years. The second contract for CCTV on 968 buses and related infrastructure is estimated to be worth about £4.8m over six years, of which £4.0m is expected to be delivered in the current year.
21st Century has also been awarded Preferred Supplier status by Keolis in Stockholm.
Commenting on the contract win 21st Century’s Chief Executive, Nick Grimond, said: “We are particularly pleased to have been awarded this business by this significant new customer and this underpins our expansion plans into mainland Europe. We are very much looking forward to working with Keolis and developing our relationship through this order for the improvement of their Stockholm operations and the potential longer-term prospects of working with their public transport authority partners across the globe.”