Greencarrier to open in Denmark

The Gothenburg-headquartered logistics specialist Greencarrier will open its first office in Denmark with the renaming on 1 March, 2010 of the recently acquired NTN Denmark A/S. To be known in future as Greencarrier Denmark A/S, the company is based in Copenhagen where it has two offices, one in Herlev and one in Glostrup. Contact details for its headquarters in Herlev are:

Turbinvej 11
2730 Herlev
Denmark.

Tel: +45 44 88 10 20.

Greencarrier has been expanding its presence throughout Scandinavia and the Baltic region and the creation of Greencarrier Denmark fills an important gap in its coverage. Greencarrier is active in the sea, air and road freight sectors and is particularly strong in the trades to and from Asia.

Niklas Olsson, MD Greencarrier International, commented:

"We are happy finally to open Greencarrier in Denmark, which is strategically very important for us, enabling us to be a complete partner in Scandinavia. With the opening of Greencarrier in Herlev, we will have a good base for further expansion in the region."

Established in 1994, Greencarrier is present in eight Scandinavian and Baltic countries: Sweden, Finland, Norway, Estonia, Latvia, Lithuania, Ukraine and now Denmark. It also has offices in Hong Kong and Shanghai. In total, it employs 275 people.

NTN Denmark was one of 16 companies acquired at the end of December last year by Greencarrier's parent company, the Björk.Eklund Group. All 16 had been part of the Norwegian Transport Network Group.

Schianders Intersped AS

Another of the 16 companies acquired from NTN in December, Oslo-based Schianders Intersped AS, will also become part of Greencarrier at the beginning of March. Specialising in road transport, distribution and warehousing, it will temporarily adopt the name Greencarrier Intersped AS until later this year when it will be merged into Greencarrier Norway AS.

It will retain all of its account-handling staff in order to maintain continuity with its existing customer base. According to Greencarrier, there will be no redundancies and contact details will remain as before.

Brobekkveien 100E
PO Box 183
0614 Oslo
Norway

Tel: +47 23 06 79 00

-ends-

Note to Editors:

For further information on Greencarrier, please see www.greencarrier.com or contact:
Niklas Olsson, Managing Director, or
Åsa Nyden, Corporate Communications

on tel: +46 31 85 79 00.