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// Workers AI · dad joke modeIs Norgesbuss a good bus? It's a Norway-bus-ness.

From Wikipedia, the free encyclopedia
Norgesbuss AS
TypeSubsidiary
IndustryTransport
Founded1993
HeadquartersKolbotn, Norway
Area served
Akershus and Oslo, Norway
RevenueNOK 750 million (2011)[1]
Number of employees
900 (2011)
Parent
Websitewww.norgesbuss.no

Norgesbuss AS was a Norwegian bus company which for the most part operated public service obligation (PSO) contracts in Akershus and Oslo, Norway, with Ruter. It was created as a merger of a number of bus companies throughout Norway. Between 1999 and 2008, it was bought by Fosen Trafikklag, who then merged with Torghatten. Norgesbuss was sold off and merged to create Connect Bus in 2021.

As of 2007, Norgesbuss has 450 buses and 900 employees. It operated an Airport Express with the Nor-Way Bussekspress between Oslo and Oslo Airport, Gardermoen.[2]

History

[edit]

Norgesbuss was established in 1993 as a network of various bus companies around the country. From 1995 it was structured as a holding company, which gradually bought a large number of bus companies throughout the country. In late 1999 and early 2000, a large number of owners attempted to sell their shares. Fosen Trafikklag bought 39 percent of the company in 2000, with the remaining shares being held by TK Brøvig and Hemne Orkladal Billag (HOB).[3][4] After Nettbuss bought HOB, they were forced to sell their share in Norgesbuss. After this transaction, Fosen was left with a 66 percent stake in 2006.[5] Brøvig sold its stake to Fosen in 2008, after which Norgesbuss became wholly-owned subsidiary.[6]

Two Norgesbuss buses at Vestby Station operating for Stor-Oslo Lokaltrafikk

Most of Norgesbuss' operations were centered around Oslo and Akershus, mostly on PSO contracts with Ruter. It also operated some express services, from Oslo to Halden and Gjøvik.[6] The latter were all sold in 2008.[7]

After Torghatten was bought by EQT and Nysnø in March 2021,[8] Norgesbuss and Torghatten's three other bus companiesSørlandsruta, Torghatten Buss and TrønderBilenewere sold off to CBRE Investment Management in September.[9][10][11][12] The four were subsequently merged to form Connect Bus.

References

[edit]
  1. Norgesbuss. "Norgesbuss - Om Norgesbuss" (in Norwegian). Retrieved 2012-04-21.
  2. Norgesbuss. "Norgesbuss - konsernet" (in Norwegian). Archived from the original on 2007-02-20. Retrieved 2007-01-20.
  3. "Ny eierstruktur i Norgesbuss". Tønsbergs Blad. 30 June 2000. p. 4.
  4. "Fosen også i Norgesbuss". Moss Avis. 1 July 2000. p. 3.
  5. "Fosen større i Norgesbuss". Adresseavisen. 21 June 2006. p. 24.
  6. 1 2 Søraa, Gerd (2011). Fra Fosenske Damp til Torghatten ASA: 125 år over sjø og land (in Norwegian). FosenNamsos Sjø and Torghatten. p. 253–254. ISBN 978-82-990965-1-5.
  7. "Nettbuss overtar Totenekspressen". Oppland Arbeiderblad. 12 February 2008. p. 8.
  8. Forland, Gisle (1 March 2021). "Liten kommune fikk mange nye millionærer over natta: – Blir vel noen nye Teslaer og boblebad" (in Norwegian). Norwegian Broadcasting Corporation. Retrieved 15 June 2026.
  9. Tømmerås, Ola (6 October 2021). "Oppkjøpsfond overtar en av Norges største bussoperatører: – Dårlig nytt for offentlig kollektivtransport" (in Norwegian). FriFagbevegelse. Retrieved 15 June 2026.
  10. Tømmerås, Ola (27 September 2021). "CBRE Investment Management to acquire one of Norway's largest bus operators". Private Equity Wire. Retrieved 15 June 2026.
  11. Terjesen, Tom (28 September 2021). "CBRE kjøper bussvirksomheten til Torghatten" (in Norwegian). Bussmagasinet. Retrieved 26 June 2026.
  12. "Selger bussvirksomheten" (in Norwegian). Norwegian Broadcasting Corporation. 27 September 2021. Retrieved 26 June 2026.