About Baneservice
The Baneservice business concept is to satisfy customer needs
for machine and contracting services for railway related activities.
This comprises
- Track and structures
- Signal and cable installations
- Contact line installations
- Safety installations
- Special machines and equipment
- Turnkey contractor services for railway related activities
Baneservice is the largest total supplier of railway infrastructure contractor services in Norway. The company was separated from Jernbaneverket (The Norwegian National Rail Administration) with effect from January 1 2005 and is fully owned by the Norwegian government through the Ministry of Transport and Communication.
The main markets of the concern are the Norwegian and Swedish railway infrastructures, plus tram and metro systems. The largest customer is Jernbaneverket. However the turnover from other clientele has increased considerably, e.g. to KTP (previously Oslo Sporveier) and to private track owners. This has been a conscious strategy in order to expand the market potential and reduce the risk. The concern is represented in Sweden through a branch office and the Swedish company Scandinavian Track Group (STG), where Baneservice AS owns the majority of the shares. In Sweden the largest customer is Banverket (corresponding to Jernbaneverket in Norway).
The concern had a turnover in 2008 of NOK 600 million.
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