IVU Traffic Technologies has founded a new subsidiary in Sweden, premise for a stronger presence in the Scandinavian market.

The fully owned subsidiary IVU Traffic Technologies Nordic AB is based in Stockholm in order to “provide an even better service to the numerous IVU customers in Northern Europe and to convince other Scandinavian transport operators of the benefits of the integrated complete solution IVU.suite”.

Matthias Heidorn, who previously worked as Marketing Manager at Nobina AB, will be the Managing Director.

“We will continue our success story in Scandinavia with the help of the new subsidiary,” said Bastian Dittbrenner, Head of the Public Transport Division at IVU Traffic Technologies. “We can now expand our strong market position in an even more targeted way and sustainably improve public transport throughout the peninsula – from the southern tip of Denmark to the North Cape in Norway.”

Highlights

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