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Sensys Gatso’s partner receives procurement award for traffic safety solution in Finland, worth estimated SEK 20 million

12-01-2024

Sensys Gatso Group, a global leader in traffic safety solutions, has been informed of a procurement award decision to its partner Destia Oy for the delivery of traffic-safety cameras in Finland. Sensys Gatso’s part for the delivery of traffic-safety cameras under the procurement award, is estimated to be worth SEK 20 million, over the 4 year contract period.

During a period covering the next 14 days (Alcatel period), participants to the tender process may submit a request for a re-evaluation of the award decision. Sensys Gatso will make an announcement when the contract has been signed.

"We are looking forward to continuing working closely together with Destia, Fintraffic OY and the National Police to jointly develop and improve the traffic environment in Finland," said Jörgen Andersson, Managing Director, Sensys Gatso Sweden AB.

“Since a long period Sensys Gatso Group has been the established market leader in the Nordics. This procurement award confirms our strong position and gives us a solid platform to further expand our presence. We look forward to making Finnish roads safer and I thank the National Police and Fintraffic for the confidence they have in us,” says Henrik Jinnestrand, Head of Sales North Europe.

This information is information that Sensys Gatso 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 person set out above, at 08.30 on January 12, 2024.

For further information:
Ivo Mönnink, CEO
Sensys Gatso Group AB
E-mail: investors@sensysgatso.com

Sensys Gatso Group AB is a global leader in traffic management solutions for nations, cities and fleet owners. Sensys Gatso Group has subsidiaries in Australia, Costa Rica, Germany, the Netherlands, Saudi Arabia, Sweden and the USA, and a branch office in the United Arab Emirates and has 284 employees. The Sensys Gatso Group’s shares are listed on Nasdaq Stockholm.

For further information, visit www.sensysgatso.com