Essay on Transurb

842 Words Mar 18th, 2012 4 Pages
Company profile
Basic infor
Comfortdelgro is a land transport companies through the merger by the Comfort group and Delgro Corporation. Those two companies had started their business in 1970s. After merger, the Comfortdelgro has achieved significantly performance. Nowdays has become the second largest land transport company in the world and market leader in singapore. With the fleet size of more than 46,300 vehicles and operation in seven countries(China, the united kingdom, ireland, australia, malaysia and vietnam). The company’s business include bus, taxi, rail, car rental & leasing, automotive engineering services, vehicle inspection & testing services, driving centre, insurance broking services, outdoor advertising and car
…show more content…
The company currently offers vehicle safety inspection and emission test services in Beijing where there are more than 2 million cars. It conducts an average of 55,ooo vehicle tests a year.

ComforDelGro (China) Pte Ltd entered into a $44 million joint venture contract with Shenyang Anyun Group Company to run bus operations in Shenyang, China. This new company is the third jonint venture of ComfortDelGro. And it is an important milestone investment for the Group in Shenyang.

Chendu ComfortDelGro Chang Yun Transportation is the fifth new joint venture company of ComfortDelGro Corporation, in which the Group hold 60% stake. This investment is the Group first major entry into the China’s long-distance bus market. This market provide the service for most China’s working and migrant class who need to commute between the work and home. In addition, the Group entered into four other Chengdu ventures.

ComfortDelGro’s wholly-owned UK bus subsidiary Metroline pay £6 million to acquire E.H Mundy Holdings Ltd, (EHMH) which has a bus and coach operation in London under Armchair Passenger Transport Company Limited.
In 2005

ComfortDelGro Corporation invest US$3 million in its second taxi joint venture project in Ho Chi Minh City, Vietnam, to expand its presence there.

In 2005

It is also a year of investment for Group to expand its business overseas.

ComfortDelGro corporation took 60%stake in Vietnam

Related Documents