Trafikverket (The Swedish Transport Administration) has decided to exercise the two-year option in the Gothenburg Operational Area, which means that Terranor will continue to be responsible for operations and maintenance in the area. The option is valued at approximately SEK 175 million for the total contract period and will commerce on 1 September 2027 and run until 31 August 2029.
The decision is a clear endorsement of the Swedish Transport Administration's confidence in Terranor's delivery, cooperation and quality in the execution of the contract, as well as a testament to the strength of the organisation and the commitment shown by employees every day in the operational area.
"We are delighted and proud of the continued trust placed in us by the Swedish Transport Administration. The fact that the option has been exercised demonstrates that our joint efforts with the Swedish Transport Administration are working well and that our focus on quality, safety and collaboration is yielding results. We look forward to continuing to develop our partnership and contribute to safe, accessible and well-functioning roads in the Gothenburg operational area," says Andreas Johansson, Operations Manager at Terranor.
For further information, please contact:
Inka Kontturi, CFO and Head of Investor Relations
Phone: +358 445 089 875
Email: ir@terranor.se
This is information that Terranor Group AB (publ) 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 11:30 CEST on 17 April 2026.
About Terranor
Terranor is one of the leading players in road maintenance in the Nordic region. The Company's business concept is to offer a wide range of qualified services in road operation and maintenance to ensure that roads remain accessible and functional all year round. The business covers both winter road maintenance, with snow removal and anti-slip protection, and summer maintenance, such as repairs and asphalt work. In addition, Terranor offers services in green area management, road safety and light infrastructure projects. Through operational efficiency, Terranor has achieved a high and profitable growth.