Torghatten Trafikkselskap

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Torghatten Trafikkselskap ASA
Type Public
Founded 1878
Headquarters Brønnøysund, Norway
Area served Norway
Industry Transport
Revenue NOK 1,557 million (2005)
Operating income NOK 126 million (2005)
Net income NOK 103 million (2005)
Employees 1800 (2007)
Website www.tts.no
[1]

Torghatten Trafikkselskap or TTS is a Norwegian shipping company based in Brønnøysund. The companies areas of operation include operating bus, car ferries, fast ferries, travel agencies, real estate, security and maintenance. The companies main asset is a 71% ownership in Fosen Trafikklag.

The companies ship operations include car- and passenger ferry operations in southern Helgeland, between Bindal and Sandnessjøen. TTS operates four bus routes out of Brønnøysund, to Mosjøen, Sandnessjøen Grong and Namsos.

In addition to operations in its own name, Torghatten owns 71% of Fosen Trafikklag. This company again operates car- and passenger ferries in Sør-Trøndelag, owns Bastø Fosen that operates the Bastø Ferry. It also owns Innherredsferja, Lekaferja, Norgesbuss and 66% of TrønderBilene, that again owns 39% of Gauldal Billag that owns Østerdal Billag.[1] Furthermore, the company also has some joint venture in shipping, including 5% of Edda Gas (49% being owned by Bergesen d.y.) and 50% of an Aframax ship.

[edit] References

  1. ^ a b Torghatten Trafikkselskap. Årsregnskapet 2005 (Norwegian). Retrieved on 2007-01-21.