corporate livery of concordia bus . formerly called concordia bus ab publ type publikt aktiebolag industry public transport founded 1999 headquarters solna stockholm sweden areas served denmark finland norway sweden key people ragnar norb ck ceo brands swebus revenue sek 7 549 million 2014 sek 7 269 million 2013 operating income sek 371 million 2014 sek 326 million 2013 profit sek 141 million 2014 sek 87 million 2013 total equity sek 310 million 2014 sek 224 million 2013 number of employees 7 603 2014 7 547 2013 website www.nobina.com footnotes references 1 2 concordia bus bv former type besloten vennootschap industry public transport founded 1997 defunct headquarters amsterdam netherlands owners sch yen gruppen as 1997 national express group plc 1997 99 bus holdings s rl 1999 website www.nobina.com nobina ab former concordia bus ab is the largest bus transport group in the nordic region serving markets in denmark finland norway and sweden with a total of 3 347 buses 2014 . 2 since 2005 the group is based in stockholm . contents 1 history 2 operations 2.1 structure 2.2 nobina busco ab and nobina fleet ab 2.3 nobina danmark a s 2.4 nobina finland oy ab 2.5 nobina norge as 2.6 nobina sverige ab 2.7 swebus express ab 3 references 4 external links history edit concordia bus bv was founded in 1997 by sch yen gruppen 37 % and national express group 63 % . 3 the company was registered in amsterdam netherlands but was managed by sch yen subsidiary concordia bus management as with headquarters in oslo norway . 4 in 1999 national express withdrew while goldman sachs subsidiary bus holdings s rl registered in luxembourg came in with an owner share of 51.0 % . sch yen owned 47.15 % of the shares while the remaining 1.85 % were owned by the management . on 27 october 1999 concordia bus and stagecoach announced that concordia bus would buy swedish bus operator swebus from stagecoach group which had been acquired in october 1996 as part of the privatisation of the swedish state railways bus operations . 3 5 the transaction was approved by the european commission on 10 december 1999 6 and completed in january 2000 . 7 swebus consisted of holding company swebus ab swedish operating subsidiary swebus sverige ab finnish operating subsidiary stagecoach finland oy ab swedish tourist coach operator interbus ab and some other minor subsidiaries . the group structure became from top to bottom concordia bus bv concordia bus holding ab concordia bus ab concordia bus nordic holding ab swebus ab and then all the subsidiaries . in may 2001 swebus ab changed name to concordia bus nordic ab and swebus sverige ab subsequently changed to swebus ab . 8 9 1 february 2001 the ownership of sch yen gruppen s subsidiary ingeni r m. o. sch yens bilcentraler sbc was transferred to concordia bus . 10 sbc was one of norway s oldest and largest bus operators dating back to 1921 . the acquisition of swebus was partly financed through bond loans which led to a financial restructure finalized on 4 october 2005 where the loans were converted to 160 million worth of shares in concordia bus ab . the holders of the loans assumed 97.5 % of the shares 11 12 leaving only 2.5 % to concordia bus bv and its owners . this meant that concordia bus ab became the new head of the group and considered a swedish group of companies . concordia bus bv and its subsidiary concordia bus holding ab have since become defunct . major new shareholders included bluebay asset management 27 % bear sterns 17 % avenue capital 11 % fidelity funds 9 % and lone star 7 % . 13 14 in march 2006 concordia bus fleet ab was formed to maintain all leased and owned buses where all leased buses would belong to concordia bus fleet while all owned buses would belong to swebus busco ab both companies with the same management . by 1 march 2007 all 3 503 buses had been transferred from the operating companies and then leased back to them with the exception of some special buses in sweden . 15 on 4 december 2006 interbus was sold to str mma turism & sj fart ab . 16 by 1 july 2007 sbc changed name to concordia bus norge as . 17 19 october 2008 concordia bus danmark a s commenced their first pso contract for movia at north zealand . 18 later operations have been expanded to jutland . 1 december 2009 the whole group of companies changed name from concordia bus to nobina with the exception of swebus express . 19 the nordic names were also changed to europe apparently showing that nobina are considering trying their luck outside the nordic region . as the name swebus was now available swebus express started trading as just swebus while the real name of the company is still swebus express ab . operations edit structure edit group structure at may 2015 1 2 nobina ab publ nobina europe holding ab nobina fleet ab nobina europe ab publ nobina busco ab nobina danmark a s nobina finland oy ab nobina norge as nobina sverige ab swebus express ab nobina busco ab and nobina fleet ab edit former swebus busco ab and concordia bus fleet ab respectively . manage all the group s buses which are leased by the different operating companies . leased buses are managed by nobina fleet while nobina busco manages the buses that are owned by nobina . nobina danmark a s edit danish operating subsidiary . operates city buses in copenhagen herlev hiller d n stved and randers and regional buses in hiller d area . operating since 2008 with headquarters in glostrup . nobina finland oy ab edit former oy swebus finland ab stagecoach finland oy ab and concordia bus finland oy ab . finnish operating subsidiary with history dating back to 1926 . operates in helsinki area with headquarters in espoo . nobina norge as edit former ingeni r m.o. sch yens bilcentraler as and concordia bus norge as . norwegian operating subsidiary formed in 1921 by martin olsen sch yen . headquartered in oslo and operating routes in oslo akershus hordaland and the city of troms . further information nobina norge nobina sverige ab edit former swebus ab . swedish operating subsidiary with history dating back to 1911 . operating in major parts of sweden . further information nobina sverige swebus express ab edit operates intercity coach service in southern parts of sweden . since 2009 known as just swebus . further information swebus express references edit a b nobina ab publ . allabolag.se in swedish . retrieved 14 may 2015 . a b c annual report 2014 2015 pdf . nobina ab . 6 may 2015 . retrieved 14 may 2015 . a b concordia k ber swebus . myldretid.dk in danish . 7 december 1999 . retrieved 23 march 2015 . buss in norwegian . sch yen gruppen . archived from the original on 2 january 2002 . retrieved 23 march 2015 . concordia bus acquires swebus . concordia bus . 27 october 1999 . archived from the original on 21 january 2002 . retrieved 23 march 2015 . case no comp m. 1768 sch yen goldman sachs swebus pdf . european commission . 10 december 1999 . retrieved 23 may 2015 . swebus . concordia bus . archived from the original on 3 july 2007 . retrieved 25 march 2015 . edgar filing documents for 0001047469 04 018896 . u.s. securities and exchange commission . 28 may 2004 . retrieved 23 may 2015 . edgar filing documents for 0001104659 06 072053 . u.s. securities and exchange commission . 7 november 2006 . retrieved 23 may 2015 . concordia bus norge as . concordia bus . archived from the original on 29 june 2007 . retrieved 25 march 2015 . bussen har g tt for sch yen the bus has passed for sch yen in norwegian . nettavisen . 19 july 2005 . retrieved 23 march 2015 . the history of concordia bus . concordia bus . archived from the original on 29 june 2007 . retrieved 25 march 2015 . key facts of concordia bus . concordia bus . archived from the original on 29 june 2007 . retrieved 15 may 2015 . concordia bus nordic ab 20 f 20070516 security owners . edgar online . 26 august 2005 . retrieved 23 may 2015 . concordia bus fleet ab . concordia bus . archived from the original on 29 june 2007 . retrieved 25 march 2015 . str mma turism & sj fart k per interbus . concordia bus . 23 november 2006 . retrieved 25 march 2015 . dead link concordia bus norge startside . sbcbuss.no in norwegian . archived from the original on 31 july 2007 . retrieved 23 may 2015 . movias 2 . udbud concordia ind i danmark . myldretid.dk in danish . 7 february 2008 . retrieved 18 may 2015 . concordia bus changes its name to nobina . concordia bus . 2 november 2009 . archived from the original on 15 december 2009 . retrieved 15 may 2015 . external links edit media related to nobina at wikimedia commons nobina website retrieved from https en.wikipedia.org w index.php title nobina & oldid 739518682 categories bus companies of denmarkbus companies of finlandbus companies of norwaybus companies of swedencompanies established in 1997companies based in stockholmhidden categories cs1 swedish language sources sv cs1 danish language sources da cs1 norwegian language sources no all articles with dead external linksarticles 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