The Ministry of Transportation and Telecommunications (MTT) in Chile has
announced that Opus Inspection’s subsidiary in Chile will be awarded a
concession to design, build, and operate vehicle inspection stations in Santiago
de Chile (Region Metropolitana). Under the 8-year contract, the company will
establish three, modern, inspection stations in the metropolitan area of
Santiago.
“We are pleased that for the third time now, the MTT selected our company for
the award as a result of a public tender,” said Jim Sands, President of Opus
Inspection. "Together with the two concessions already awarded in neighboring
regions, our new inspection stations in the Greater Santiago area strengthen our
position in the Chile vehicle inspection business. We are looking forward to
working with the MTT to implement a successful new inspection program.”
The new inspection stations in Region Metropolitana will perform about 125,000
roadworthiness and emissions inspections per year at a fee of CLP 7,900 per
inspection. The contract is expected to start generating revenues in the second
part of 2016.
Mölndal, August 13, 2015
Opus Group AB (publ)
For additional information, please contact
Magnus Greko
President and CEO
Phone: 46 31 748 34 00
E-mail: magnus.greko@opus.se
Peter Stenström
Investor Relations
Phone: 46 765 25 84 93
E-mail: peter.stenstrom@opus.se
Opus Group is a leading vehicle inspection company with a strong focus on
customer service and innovative technology. Opus Group is one of the market
leaders in vehicle inspection operations in the US and Sweden. Opus Bilprovning
has 74 vehicle inspection stations in Sweden. Opus Inspection operates vehicle
inspection programs in the U.S., Bermuda, Chile, Peru and Pakistan and is active
in sales and service of emission control equipment in North America and Mexico.
Opus Group’s revenues amounted to approximately SEK 1,458 million in 2014. Opus
Group’s shares are listed on Nasdaq Stockholm.
