Finance Investors
21:59 11 February 2020
Post by: WBJ

Sumitomo invests in owner of Hoper brand

Sumitomo invests in owner of Hoper brand
Source: Teroplan

Japanese Sumitomo has invested in Teroplan, the owner of, among others e-podróż brand. For 12 percent of the shares in the company, the Japanese paid PLN 8.5 million. The funds are to be allocated to the development of an innovative form of inter-city door-to-door travel, offered under the Hoper brand.

“Hoper is a form of a shared journey that offers passengers comfort by car at the price of the ticket. This type of transport can also be a remedy for 'white communication spots' arising as a result of closing low-profit regular bus and rail connections,” president Andrzej Soroczyński said.

The results of the project to date are over 40,000 passengers traveling in Hoper in 2019, on 13 available routes and project management based on very advanced technology.

"Sumitomo has decided to invest in Teroplan due to the innovative Hoper service, which solves an important social problem related to the availability of cheap and safe travel. Hoper, which is a great complement to traditional bus and rail transport, perfectly matches the realities of Central and Eastern European markets,” Dominik Słonecki, assistant director at Sumitomo Deutschland, said.



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