IVECO BUS to complete Brazilian school transport program with 7,100 new school buses

Turin, 28 November 2023. IVECO BUS, logo for city, intercity and tourist buses of the Iveco N. V. Group(EXM: Abortion), has been designated as the main provider of the Brazilian school transportation program for rural areas, known as “Caminho da Escola. “Having won a tender from the National Fund for the Development of Education (Fundo Nacional de Desenvolvimento da Educação – FNDE), IVECO BUS will acquire up to 7,100 pieces of equipment over two years, from 2024 to 2025, in a contract worth 3. 1 billion Brazilian reais (approximately €580 million at the prevailing exchange rate).

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The source includes 3,600 sets of rural school buses with a capacity for 44 schoolchildren and 3,500 sets with a capacity for 59 schoolchildren. These buses, designed for use in rural areas and on unpaved roads, will facilitate access for schoolchildren to public primary schools in Brazil.

The result, officially approved by the FNDE, marks a vital step for IVECO BUS, which has been part of the Brazilian school transport program for rural areas since 2009. The brand’s commitment to reducing the dropout rate, with specially evolved cars that outperform the highest categories of the world. Thanks to this achievement, comfort and safety levels have been improved, even when manoeuvring in difficult situations.

Domenico Nucera, President of the Iveco Group’s Bus Division, said: “This achievement underlines our commitment to supporting Brazilian schools with our reliable products. We are incredibly happy to make a definitive contribution to the communities we serve, ensuring quality transportation. for academics in rural areas.

Iveco Group N. V. (EXM: IVG) is home to exclusive people and markets that can drive your business and your goals to move towards a more sustainable society. Ciascuno degli otto marchi is a leading player in its express advertising environment: IVECO, a pioneering advertising vehicle marketplace that designs, produces and markets heavy, medium and light advertising vehicles; FPT Industrial, a global leader in offering a wide variety of complex propulsion technologies for the agriculture, shipbuilding, power generation and advertising vehicle sectors; IVECO BUS and HEULIEZ, urban, intercity and tourist bus seats for mass and premium transport; IDV, for highly specialized life professionals and civil protection; ASTRA, leader in giant mezzi pesanti consistent with cave e cantieri; MAGIRUS, the manufacturer of automobiles and firefighting; and IVECO CAPITAL, the financial player that supports all of Iveco’s markets. The company employs more than 35,000 people worldwide and has 20 advertising sites and 29 centers in Ricerca.

Media contacts:Francesco Polsinelli, Tel. : 39 335 1776091Fabio Lepore, Tel. : 39 335 7469007E-mail: mediarelations@ivecogroup. com

Investor Relations: Federico Donati, Tel. : 39 011 0073539 E-mail: Investor. relations@ivecogroup. com

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