10.07.2024 11:00:05 - dpa-AFX: GNW-Adhoc: IVECO BUS wins a large contract in Austria for more than 900 buses
Turin, 10(th) July 2024. IVECO BUS, the urban, intercity and tourist bus brand
of Iveco Group N.V. (EXM: IVG) has signed a framework agreement for the supply
of more than 900 CROSSWAY buses to Austrian ÖBB Postbus AG, the Country's
largest bus company and market leader in regional bus services.
The frame contract, signed today, comprises 540 vehicles to be delivered by the
end of 2026 and an option for further 380 units to be delivered by the end of
2028, for a total value of about 225 million euros.
Combining operational efficiency, versatility and performance, the CROSSWAY is
one of the most appreciated intercity buses, with nearly half of the European
market share in its category.
Domenico Nucera, President, Bus Business Unit, Iveco Group, commented: "This new
important contract further proves that we are implementing the right strategy.
As a full-liner, with a true multi-energy approach, IVECO BUS is competitive
across all segments of the people transport market, and capable of satisfying
the most diverse needs of our customers in terms of missions and propulsions."
Alfred Loidl, ÖBB Postbus Board Member, said, "We are very pleased to continue
our long-standing successful collaboration with IVECO BUS. Modernizing the fleet
not only improves passenger safety, but new vehicles are also crucial to meeting
the increasing demands in bus transportation across all segments, with the aim
of offering passengers even more comfort and higher quality on their journeys".
Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power
your business and mission to advance a more sustainable society. The eight
brands are each a major force in its specific business: IVECO, a pioneering
commercial vehicles brand that designs, manufactures, and markets heavy, medium,
and light-duty trucks; FPT Industrial, a global leader in a vast array of
advanced powertrain technologies in the agriculture, construction, marine, power
generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit
and premium bus and coach brands; IDV, for highly specialised defence and civil
protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and
construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and
equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them
all. Iveco Group employs more than 36,000 people around the world and has 20
industrial sites and 31 R&D centres. Further information is available on the
Company's website www.ivecogroup.com (http://www.ivecogroup.com)
Media Contacts:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, Tel: +39 335 7469007
E-mail: mediarelations@ivecogroup.com (mailto:mediarelations@ivecogroup.com)
Investor Relations:
Federico Donati, Tel: +39 011 0073539
E-mail: investor.relations@ivecogroup.com
(mailto:investor.relations@ivecogroup.com)
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