Fosen Trafikklag

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Fosen Trafikklag ASA

Type	Public
Founded	1957
Headquarters	Trondheim, Norway
Key people	Roger Granheim (CEO)
Area served	Norway
Industry	Public transport
Products	Bus transport and ferry transport
Revenue	NOK 1,329 million (2005)
Operating income	NOK 83 million (2005)
Net income	NOK 80 million (2005)
Employees	1,570 (2005)
Subsidiaries	Basø Fosen, Norgesbuss and TrønderBilene
Website	http://www.fosen.no

Fosen Trafikklag (OSE: FOS) is a company operating buses and ferries in Trøndelag and Østlandet in Norway. In total the company has approximately 750 vehicles and 16 ships, though numerous of them operate by subsidiaries.

The company is listed on Oslo Stock Exchange and the largest owner is Torghatten Trafikkselskap, who own 71.5% of the company.

1 History
2 Operations

[edit] History

The company was founded on December 14, 1957 as a merger between seven bus and ferry companies in Trøndelag. The seven companies included Hevne Dampskibsselskap (founded 1885), Uttrøndelag Dampskibsselskap (1889), Fosen Aktie Dampskibsselskab (1904), Fosenhalvøya Billag (1937), Fosen Dampskipsselskap (1950) and Trondheimsfjorden Fosenferja (1955).

In 1993 the company moved to its new terminal, Pirterminalen at Brattøra in downtown Trondheim, and in 1994 the passenger ferries moved there too. In 1996 Fosen got the concession to operate Norway's second largest car ferry line between Moss and Halden in the Oslo Fjord through the subsidiary Bastø Fosen. In 1999 the company bought 66% of TrønderBilene from the County of Nord-Trøndelag. The next year the bus division of Fosen was sold to TrønderBilene. Between 2000 and 2003 the company also bought Norgesbuss, operating buses in Oslo and Akershus and the ferry company Innherredsferja in 2004.

[edit] Operations

[edit] Bastø Fosen AS

Bastø Fosen operates the ferries between Horten and Moss in the Oslo Fjord. The company has three ferries, 130 employees and a revenue of NOK 180 million. Offices are located at Kolbotn.

[edit] Berg-Hansen

The mother company owns two travel agencies in the Berg-Hansen franchise, located in Trondheim and Brekstad.

[edit] Cafés

The mother company also operates cafés at ferry terminals and onboard ferries. This division has 70 employees and a revenue of NOK 68 million.

[edit] Norgesbuss AS

Norgesbuss operates bus services in Oslo and Akershus for the respective counties. The company also operates express buses and airport coaches. The company has 478 vehicles, 853 employees and a revenue of NOK 472 million.

[edit] Shipping Midt-Norge

The ferries in Trøndelag are operated by the mother company. This division has 13 ships, 130 employees and a revenue of NOK 175 million.

[edit] TrønderBilene AS

Fosen Trafikklag ownes 66% while Nord-Trøndelag county ownes the remaining 34% of the company. TrønderBilene is responsible for all the groups bus transport in Trøndelag and operates with concession from the counties of Nord-Trøndelag and Sør-Trøndelag. TrønderBilene has 265 vehicles, 309 employees and a revenue of NOK 212 million. The offices are located in Levanger. TrønderBilene ownes 39% of Gauldal Billag that again ownes Østerdal Billag.