Arval opens subsidiary in Norway

Arval is opening a subsidiary in Norway. From November, the lease company's products and services will be available on the Norwegian market, including Arval Active Link and Arval Outsourcing Solutions. Norway is the company's final step in achieving full presence in the Nordic countries. Arval is already present in the Danish and Finnish fleet market since 2012 and in Sweden via the GE fleet and lease acquisition in 2015. Arval's target is to manage 2,000 vehicles in Norway by 2020, and 20,000 vehicles for the Nordics (today it has about 10,000 vehicles in Sweden, Finland and Denmark). 

Additionally, and in line with Norway's world-leading role in mobility innovation, Arval Norway will become the company's spearhead in carbon-neutral mobility. Specifically, Norway already is a major EV market and plans to ban petrol-powered cars by 2025. Arval Norway will thus gather lots of knowledge and feedback on how to manage corporate fleets that increasingly rely on hybrid and electric vehicles. 

Frank Verver, Regional Director for Arval Nordics, will also head Arval Norway until the new management team is in place.  

Image: Arval