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Major new bus order from Egypt

Scania has secured an order for 360 bus chassis from Egypt, bringing to 750 the total number of orders for bus chassis from that country since November last year.

"With such a rate of new bus deliveries to Egypt this year, this country is going to be one of Scania's biggest bus markets in 1997. This order further enhances Scania's position as one of the leading bus makes in Egypt," says Rolf Teljeby, head of marketing at Scania Buses & Coaches.

Over the years, Scania has supplied about 1200 buses to Egypt.

The customer is Ghabbour Egypt, who will equip the chassis with bodies for intercity and tourist operations. The 360 bus chassis will be supplied as assembly kits towards the end of this year and in 1998.

The total market for buses in the intercity and tourist segments is now expanding after a downturn lasting a number of years, and several of Egypt's bus companies need to renew their fleets.

For Scania's bus chassis production plant in Katrineholm, these latest orders represent a continued favourable trend in the order book. However, no new jobs are expected to be created.Scania is one of the world's leading manufacturers of trucks and buses for heavy transport applications, and of industrial and marine engines. With 22,200 employees and production facilities in Europe and Latin America, Scania is one of the most profitable companies in its sector. In 1996, turnover totalled SEK 33,700 million and profits after depreciation SEK 2,700 million. Scania products are marketed in about 100 countries worldwide and approximately 95% of total production is sold outside Sweden. Bus manufacture takes place in Sweden, Brazil, Denmark, France and Poland.