Terranor AB is granted an option to further improve safety for the Swedish Transport Administration

Terranor AB has been granted an option by the Swedish Transport Administration to further improve road safety in southern Sweden by installing additional speed cameras. The total order value is SEK 20 million, with the contract running until the 31 March 2027.

“We are very pleased that the Swedish Transport Administration has extended our contract, which is proof of our high service reliability and strong client focus. We look forward to continuing our collaboration with them to create safer roads for everyone.” says, Per Sjöblom, Head of Sweden at Terranor AB.

In 2025, Terranor won the tender to enhance traffic safety in the region by installing 27 speed cameras, with an option for additional work. Following the recently completed final inspection, the Swedish Transport Administration has exercised the option, commissioning Terranor to install an additional 54 speed cameras.

 

For further information, please contact:
Inka Kontturi, CFO and Head of Investor Relations
Phone: +358 445 089 875
Email: ir@terranor.se

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.

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Terranor A/S wins SEK 36 million sweeping contract for Vejle Municipality

Terranor A/S has won a competitive tender in Vejle Municipality and has now entered into a new four-year contract for road sweeping services, running from 1 January 2026 to 31 December 2029.
The agreement is valued at DKK 24 million (approximately SEK 36 million) for the full contract period and has an option for an additional two years. The contract was signed without a standstill period, and the new agreement will extend Terranor’s operational presence in Vejle to a total of 20 years.

“Sweeping is a task that requires both stable delivery, knowledge of local conditions and a solution that works in practice – every day and all year round. Our focus on O&M with a diligent tender strategy, a strong local presence and high service reliability enables us to win and deliver on these contracts and thereby retain long-term relationships.” says René Møller, Project Manager at Terranor A/S.

 

For further information, please contact:
Inka Kontturi, CFO and Head of Investor Relations
Phone: +358 445 089 875
Email: ir@terranor.se

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.

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Today Terranor Group was listed on Nasdaq First North Growth Market

Today, 30 June 2025, is the first day of trading for Terranor Group AB (publ) on Nasdaq First North Growth Market. The listing marks an important milestone in the Group’s development and enables continued growth in a stable and societally critical market.

The fact that Terranor Group is now listed is the result of a strong joint effort. At Terranor Oy, we have worked together with other parts of the Group to build a solid foundation for this milestone. We now look forward to continuing to grow and develop in a listed environment as the leading player in road maintenance in the Nordic region.

“Today’s listing is an important milestone for Terranor and is a recognition of the entire organization. Through our local presence, operational strength, and a structured tendering process, we have delivered profitable growth in a stable and essential market. As a listed company, we are better positioned to pursue long-term growth and create value for both customers and shareholders,” says Michael Berglin, CEO of Terranor Group.

 

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Terranor Group has published a prospectus as part of its planned stock exchange listing

Terranor Group AB (publ) has today published the prospectus for the company’s planned listing of its shares on the Nasdaq First North Growth Market. The first day of trading is planned for June 30, 2025.

At Terranor Oy, we are proud to be part of Terranor Group and to support the Group’s continued growth. Over the past few years, Terranor has established a strong position in the road maintenance sector across the Nordics, operating in a stable and socially important market where our local teams deliver high-quality, reliable services every day, all year round.

“Terranor has built a strong position as a focused player in a stable and growing market. Through our locally rooted strategy and operational expertise, we deliver high-quality, reliable services every day, all year round. It is the combination of local commitment and decision-making by skilled employees, effective management and structured tendering processes that has enabled us to grow profitably while creating value for our customers. A listing provides us with good opportunities to continue this development and achieve our financial targets of increased profitability and long-term growth,” says Michael Berglin, CEO of Terranor Group.

More information and the prospectus are available at www.terranorgroup.com.

 

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New director and country manager Terranor Finland

Terranor Group is a leading supplier of road operations and maintenance with operations in Finland, Sweden and Denmark. With over 600 employees and a turnover exceeding SEK 3 billion, the company is the specialist supplier of road operations and maintenance in the Nordic region.

For the Finnish operations of Terranor Oy, Pasi Tolppanen will now take over as director in charge.

“To strengthen our competitiveness and build the organization for future growth, it is necessary to have a strong and clear leadership that also supports our core values and company culture. Pasi has the personal qualities, industrial background, and leadership experience to make a change. I am happy to have him with us and look forward working together to make our business in Finland even stronger”, says Michael Berglin CEO Terranor Group.

 

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