KeoLis
Keolis Sverige AB is a private public transport operator in Sweden, subsidiary of French Keolis Group, providing bus, tram, and on-demand mobility services under multi-year contracts with regional and municipal transit authorities across Stockholm, Gothenburg, and other Swedish regions.
- Company typePrivate
- Founded2003
- HeadquartersStockholm, Sweden
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What KeoLis does
Keolis Sverige AB is a privately held public transport operator headquartered in Stockholm, Sweden, and a wholly-owned subsidiary of Keolis Group (jointly owned by French state railway SNCF at 70% and Canadian pension fund CDPQ at 30%). Founded in 2003 through the acquisition of Busslink, the company provides contracted bus, tram, and on-demand mobility services under multi-year (typically 5-10 year) public procurement agreements with regional and municipal transit authorities including Region Stockholm, Västtrafik, Skånetrafiken, Region Dalarna, Uppsala County, and Karlstadsbuss. It operates a fleet of approximately 1,600 buses across Stockholm, Gothenburg, Värmland, Uppsala, Dalarna, and Skåne, covering roughly 80 million vehicle-km per year and serving around 860,000 daily passengers with a reported 99.90% on-time delivery rate. Keolis Sverige achieved 100% fossil-free bus operations in November 2015 and has pursued technology-enabled service features including geofencing-based speed control (with Trafikverket and Volvo), the KE'OP on-demand platform (with Via), 5G-connected remote vehicle control (with Ericsson), and autonomous electric shuttles (with Navya).
Revenue is generated primarily through managed-services contracts in which transit authorities pay Keolis a fee for operating specified routes and service levels, with revenue streams tied to contract terms and operational performance incentives. The company's go-to-market is exclusively sales-led: it competes in competitive public tenders, with new contract wins (e.g., Stockholm inner city and Lidingö 10-year contract, May 2025; Dalarna renewal, June 2026) providing multi-year revenue visibility. Keolis Sverige also operates adjacent services including medical transport, on-demand mobility, and heavy-vehicle parking through its 2022 Terminal G acquisition. Pricing for end consumers is set by the transit authorities, not by Keolis directly. Most recent disclosed turnover is 5.8 billion SEK on approximately 4,700 employees (82% of whom are drivers). Keolis does not sell directly to consumers and operates as a B2G service provider; its competitive position is anchored by long-standing relationships with public authorities, ISO certifications (9001, 14001, 39001), and the scale and technology access afforded by the parent group.
KeoLis firmographics
Firmographics- Name
- KeoLis
- Legal name
- Keolis Sverige AB
- Website
- https://keolis.se
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Keolis Sverige AB is a private public transport operator in Sweden, subsidiary of French Keolis Group, providing bus, tram, and on-demand mobility services under multi-year contracts with regional and municipal transit authorities across Stockholm, Gothenburg, and other Swedish regions.
- Ownership category
- akta.pro rank
KeoLis industry classification
Industry- Product category
- Public Transport Operations
- NAICS
- Bus and Other Motor Vehicle Transit Systems (485113), Interurban and Rural Bus Transportation (48521)
- SIC
- Local & Suburban Transit & Interurban Hwy Passenger Trans (4100), Transportation Services (4700)
- akta.pro primary industry
- Electric Bus Network Operators (THAIAEAE)
- akta.pro secondary industries
- Integrated Commuter Rail + Bus/Metro Network Operators (Multimodal Authorities) (THAIACAL), Last-Mile On-Demand Feeder to Transit (First/Last-Mile Providers) (THAIAGAJ)
Keywords
Where KeoLis is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices5 records
Markets served
KeoLis business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Public Transport Operations Contracts: Keolis operates public transport networks (bus, tram, train) under long-term contracts with government transit authorities. Revenue comes from fixed contract fees plus operational performance incentives. Contracts typically span 5-10 years.
- Mobility Services: On-demand transport, medical transports, and flexible mobility solutions provided to transit authorities and healthcare providers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Public transport ticketing determined by regional transit authorities |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
KeoLis product offering
Product offeringCore offering
Keolis Sverige operates contracted public transport networks across Sweden, delivering scheduled bus services, electric bus (e-Mobility) fleets, and tram/light rail operations on behalf of regional and municipal transit authorities. The company also provides on-demand transit (KE'OP), autonomous electric shuttles, GPS-based geofencing for safety and environmental zone control, and medical transport services under multi-year government contracts (typically 5-10 years).
Product overview
Keolis is a global public transport operator offering an integrated portfolio of services including urban bus transport, electric bus fleets (e-Mobility), tram/light rail operations, and on-demand transit solutions. The company operates various transport modes (metro, tram, train, bus) in partnership with local transport authorities. Core offerings include traditional scheduled bus services across Swedish regions (Stockholm, Gothenburg, Varmland, Uppsala, Dalarna, Skane), electric and fossil-free bus fleets, tram operations in major cities internationally, autonomous vehicle pilot programs, and on-demand routing services like KE'OP. The portfolio also includes mobility services, medical transports, and technology-enabled features such as geofencing for safety optimization and dynamic responsive transit.
Differentiator
Problem solved
Functional benefit
Products and services
- Keolis Bus Services Urban, suburban, and regional bus transport services operated on behalf of local authorities across Sweden, including Stockholm, Gothenburg, Värmland, Uppsala, Dalarna, and Skåne.
- Keolis e-Mobility Electric and fossil-free bus fleet services. Keolis Sverige became the first major Swedish public transport company with a 100% fossil-free bus fleet in November 2015.
- Keolis Spårtrafik (Tram Services) Tram and light rail operations delivered across Stockholm, Gothenburg, and internationally (Lyon, Bordeaux, Lille, Bergen, Melbourne, Shanghai).
- Autonomous Vehicle Services Self-driving electric shuttle services operating in mixed traffic environments, deployed with Navya vehicles in Lyon (since 2016), Nevers, Lille, USA, Belgium, Canada, Australia, and China. Keolis has transported over 120,000 passengers and covered 40,000+ km autonomously.
- KE'OP On-Demand Service On-demand ride-sharing service for flexible public transport with algorithmic ride matching, allowing passengers to book pickup and drop-off at any location within a defined zone. Developed in partnership with Via. First launched in Bordeaux, France.
- Geofencing Services GPS-based zone control technology for automatic speed limiting and access management in defined geographic areas, used by Keolis to improve safety and environmental performance (e.g., 30 km/h at schools, 20 km/h in depot areas in Dalarna; electric vs fossil fuel zone control in Gothenburg).
- Dynamic Public Transport Flexible, demand-responsive transit services that adapt routing based on passenger needs, operated in collaboration with local partners such as Karlstadsbuss.
- Medical Transport Services Specialized healthcare transportation services delivered as part of Keolis' broader mobility services portfolio.
Quantifiable outcome
- 89% customer satisfaction in Karlstad - highest in Sweden for fourth consecutive year
- +3 more outcomes
Companies that use KeoLis
Customer profileNamed customers6 records
Segments2 records
Ideal customer profiles1 record
KeoLis technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability7 records
Feature5 records
KeoLis partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered minor and core.
- IpsosminorGlobal mobility research partnership. Keoscopie International study surveyed 6,600 people in 37 cities across 15 countries to understand mobility habits and technology adoption.
- EricssoncoreStrategic technology partnership for 5G-connected autonomous vehicle control. Demonstrated remote control of autonomous vehicles from 15km distance with millisecond reaction times at UITP summit in Stockholm. Keolis plans to deploy 5G technology across its global autonomous vehicle operations.
- Arbetsförmedlingen (Swedish Public Employment Service)coreAgreement with Arbetsförmedlingen and Västra Sveriges Bussbranschförening to accelerate bus driver training. 12-16 week training programs through Yrkesakademin, targeting 30 students per course with multiple courses annually. Addresses driver shortage while broadening recruitment.
- NavyacorePartnership for autonomous electric vehicle development. Navya manufactures autonomous shuttles that Keolis operates globally. Joint projects include deployments in France (Lyon, Nevers, Lille), USA, Belgium, Canada, and Australia. Keolis has transported over 120,000 passengers in Navya vehicles.
- Trafikverket (Swedish Transport Administration)coreGeofencing pilot in Dalarna with 30 km/h limit at schools and 20 km/h at depots. Trafikverket launched national action plan for geofencing implementation in Swedish cities. Partnership for testing speed control, route management, and environmental zone optimization.
- VolvocoreCollaboration on autonomous buses for depot operations and geofencing technology. Volvo Dynamic Steering (VDS) installed in electric buses. Partnership part of Gothenburg and Stockholm geofencing initiatives. Volvo integrates geofencing technology into new buses.
- ViacoreSoftware partnership for KE'OP on-demand mobility platform. Via provides the technology for demand-responsive ride-sharing services, first deployed in Bordeaux, France. Platform enables booking pickup and drop-off at any location within defined zones.
- Volvo (VDS Partnership)coreInstallation and study of Volvo Dynamic Steering in electric buses on line 55 in Gothenburg. Research collaboration with Chalmers University showed reduction in work-related physical strain among drivers.
- YrkesakademincoreTraining provider for bus driver education programs in partnership with Keolis and Arbetsförmedlingen. Delivers 12-16 week training courses with 30 students per cohort.
- Terminal GminorAcquired in 2022, Terminal G provides parking for heavy vehicles and related services to transport companies in Gothenburg area.
- Navya (Autonomous Cab)coreJoint development of autonomous taxi service with Navya, featuring 6-passenger vehicles with 50 km/h max speed controlled via dedicated app. Readiness for deployment in Lyon, France.
- Shanghai Shentong Metro GroupcorePartnership for Shanghai Metro operations including Songjiang Tram (31 km, 46 stations) and automated metro line to Shanghai International Airport.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
KeoLis competitors and assessment
Company assessmentDirect peers
- Arriva: European passenger transport operator (bus, train, tram) owned by Deutsche Bahn. Operates in multiple Nordic and European markets under the same public-procurement contract model as Keolis.
- Vy (formerly NSB): Norwegian state-owned transport group operating buses, trains, and trams in Scandinavia under public contracts — directly comparable contract-driven bus and rail operating model.
- Transdev: Global public transport operator (bus, tram, rail) operating in Sweden and 19 other countries. Directly competes with Keolis for the same transit authority tenders, including Stockholm-area contracts.
- MTR Corporation: Hong Kong-based rail operator that also runs the Stockholm Metro (MTR Tunnelbanan AB). Directly comparable for Keolis's Swedish rail and metro aspirations and is referenced in Keolis's Swedish management team context.
- Go-Ahead Group: UK-listed operator of bus, rail, and intermodal services in the UK and internationally (including Germany and Scandinavia). Closely matches Keolis's contract-driven, multi-mode public transport model.
- FirstGroup: UK-listed operator of bus and rail services in the UK and North America under public franchise contracts — same competitive bidding and long-tenure contract structure as Keolis Sverige.
- National Express Group: UK-listed multimodal public transport operator (bus, coach, rail) operating under franchised and contracted models in the UK, Europe, US, and Middle East — directly comparable to Keolis's international expansion strategy.
- Stagecoach Group: UK-listed bus and coach operator running regional and interurban services under tendered contracts — directly comparable scale, contract type, and operational profile to Keolis Sverige's bus business.
- Kelsian Group (Transit Systems Australia): Australian public transport operator (bus, ferry, light rail) winning long-duration government contracts — a strong comparable for Keolis's tram and bus operations in Australia (Melbourne) and overall contract economics.
Broad incumbents
- ComfortDelGro: Singapore-listed global land transport conglomerate with bus, rail, taxi, and inspection services across 12 countries. Comparable in multi-modal public transport contracting, particularly in Australia (where Keolis also operates).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
KeoLis social profiles
Digital presenceKeoLis compliance and trust
Trust signalCompliance4 records
KeoLis financial estimates
Financial estimateRevenue estimate
Valuation estimate
KeoLis leadership team
Management profileNumber of profiles
Profiles18 records
KeoLis subsidiaries and ownership
Company hierarchySubsidiaries1 record
KeoLis funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KeoLis M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KeoLis
What does KeoLis do?
Keolis Sverige operates contracted public transport networks across Sweden, delivering scheduled bus services, electric bus (e-Mobility) fleets, and tram/light rail operations on behalf of regional and municipal transit authorities. The company also provides on-demand transit (KE'OP), autonomous electric shuttles, GPS-based geofencing for safety and environmental zone control, and medical transport services under multi-year government contracts (typically 5-10 years).
Is KeoLis a public or private company?
KeoLis is a private company. It is classified as corporate owned and is currently operating.
When was KeoLis founded?
KeoLis was founded in 2003. It employs 5,001 to 10,000 people.
Where is KeoLis based?
KeoLis is headquartered in Stockholm, Sweden, in the Europe region.
How does KeoLis make money?
Two revenue lines are on record. Public Transport Operations Contracts are the primary driver. The others are mobility Services.
Who are KeoLis's main competitors?
Direct peers on record are Arriva, Vy (formerly NSB), Transdev, MTR Corporation, Go-Ahead Group, FirstGroup, National Express Group, Stagecoach Group and Kelsian Group (Transit Systems Australia). ComfortDelGro is listed as a broad incumbent.
Does KeoLis have an API?
No public API is recorded for KeoLis.
What industry is KeoLis in?
KeoLis's product category is Public Transport Operations. Its primary akta.pro industry code is THAIAEAE, Electric Bus Network Operators, with a secondary code of THAIACAL, Integrated Commuter Rail + Bus/Metro Network Operators (Multimodal Authorities). Its NAICS code is 485113 and its SIC code is 4100.