A bankruptcy in Unibuss could lead to a complete collapse of the bus service in Oslo. On Wednesday, transport councilor Marit Vea (V) must answer during a crisis meeting in Oslo City Council.
Wednesday 24 April at 09:25Unibuss, which is wholly owned by Oslo municipality, is in danger of going bankrupt after large losses, unpaid bills of 100 million and fines from partner Ruter after a troubled winter.
Oslo municipality, with a 60 per cent stake, is also the largest owner in Ruter, which is now in negotiations with Unibuss.
On Wednesday at 1 p.m., transport councilor Marit Vea (V) must meet in the transport committee in Oslo. The opposition wants answers about how the city council will avoid a collapse in the public transport system in the capital, writes NRK.
Unibuss is a group of four companies that operate the bus routes on 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.
A bankruptcy will affect all this traffic immediately.
In an internal memo, which Teknisk Ukeblad published on Tuesday, Ruter mentions that Unibuss is in “major financial problems”. Furthermore, it is believed that the alternatives for Unibuss are either forced reconstruction or bankruptcy.
