Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
    • Transcripts
    • AGM Invitations
    • IPOs
  • inderesTV
  • Portfolio
  • Forum
  • Discovery
  • Premium
  • Femme
  • Nora AI
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Kollect on Demand Holding AB (publ) announces order of new BIGbins and launch of new site

Kollect on Demand Holding
Download the release

Today on Sep 21, 2021, Kollect on Demand Holding AB (publ) (“Kollect” or the “Company”) announces that BIGbin has placed an order for 10 new bins and launched in Galway

Kollect’s wholly-owned subsidiary for waste drop-off operations, BIGbin Waste Technology Limited (“BIGbin”), has today placed an order for an additional 10 new compactor bins with the most up-todate technology installed.

The new compactor bins, which will be funded from existing cash resources, will be delivered in time to support the roll out of new BIGbin sites in Q1 2022.

In addition, BIGbin has launched a new site in Newcastle, Galway. This brings the number of operational sites to 34 and extends its waste drop-off operations into another Irish city.

Comment from John O’Connor, CEO:
“I am delighted to announce this order today, which, together with the order announced earlier this year, emphasises the strategic importance of BIGbin to Kollect. These orders, together with our growing pipeline of new sites, means we are well positioned to continue to grow BIGbin and our market leading position within waste drop off”.

About BIGbin: BIGbin has grown from 12 locations in 2019 to 34 (and counting) as of today. With aggressive expansion plans and investment from Kollect, BIGbin expects to continue to grow its network of locations over the coming years to offer Pay-As-You-Go waste drop-off services to customers in every large town and city across the country.

For more information about Kollect:
John O’Connor, CEO
E-mail: IR@kollect.ie Telephone: +353 871 218 907 www.kollect.ie

About Kollect

Founded in Waterford, Ireland, Kollect is an innovator and disruptor in the waste industry listed on the Nasdaq First North Growth Market (symbol: KOLL) and Mangold Fondkommission AB is the Company’s acting Certified Adviser (Tel. + 46 8 5030 1550, CA@mangold.se, www.mangold.se).

The Company services two types of customers: those who arrange to have waste collected (bins, skips or junk removal) via the online Kollect booking engine; and those who use BIGbin smart compactor bins for waste drop-off.

The services include domestic, door to door bin collection, commercial bin collection, container hire and junk removal such as furniture and other large objects. For more information, visit www.kollect.ie

This information is information that Kollect on Demand is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2021-09-21 12:40 CEST.

Attachments


KOLL_BIGbin order and new sites

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.