Trafikverket (the Swedish Transport Administration) has today announced its intention to award a public tender for operation and maintenance of state roads over four years in Vännäs, Sweden, to Terranor AB, a subsidiary of Terranor Group. The agreement is valued at approximately SEK 167 million for the full contract period. The contract will commence on 1 September 2026 and run until 31 August 2030, with an option to extend the contract by up to two additional years.
The successful tender means renewed confidence in our continued responsibility for the operation and maintenance of more than 1,000 kilometres of state roads in the inland of Västerbotten.
"We are very pleased and proud that the Swedish Transport Administration has once again entrusted us with the operation of the Vännäs area. The contract is strategically important for Terranor and creates good opportunities for effective coordination with the company's neighbouring operating contracts in Skellefteå and Umeå. By coordinating resources, planning and operational measures, Terranor can continue to develop cost-effective and high-quality road operations in the region", says Fredrik Saellström, Area Manager at Terranor AB.
In accordance with customary procurement procedures, a mandatory standstill period of 10 days will apply before the contract can be formally signed.
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 18:30 CET on 24 February 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.
