Unibus saved from bankruptcy – the danger of bus collapse is over

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Photo: Beate Oma Dahle / NTB

Oslo City Council urgently called a press conference on Monday.

Monday 13 May at 15:07

– The buses must continue to run, says city councilor for the environment and transport Marit Vea.

A solution has been negotiated in which Unibuss goes to the Oslo district court and requests a so-called voluntary reconstruction of the company.

The company confirms this in a press release on Monday afternoon.

– Although some still need to be put in place, we are on the right track. What the final solution for Unibuss will be depends on the further reconstruction process. It is therefore too early to say anything about the final outcome today, says managing director Atle Rønning of Unibuss.

NRK reported on the case first.

– The most important thing for me has always been that we avoid a situation where the bus service stops. It would be very demanding for Oslo’s residents, who depend on good and predictable public transport. I am therefore happy that the immediate threat of bankruptcy has been averted, says councilor Vea.

Large parts of the bus traffic in Oslo would be affected if Unibuss had gone bankrupt.

Unibuss is one of four companies that operate the bus routes under contract for Ruter. The company currently runs 372 buses on this contract, which makes up between 60 and 70 per cent of the bus service in Oslo, and all in Bærum.

The company has long been in danger of going bankrupt after large losses, unpaid bills of 100 million and fines from partner Ruter after a troubled winter.

The article is in Norwegian

Tags: Unibus saved bankruptcy danger bus collapse

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