News from the board meeting

Posted: 26. maj 2023

At the meeting, the Board of Directors approved Metroselskabet's investment activities for the Metro in operation and the focus areas for the work over the next four years. Since 2017, The Company has worked strategically and purposefully with investments in the Metro in operation, including in particular capacity expansions and reinvestments in general. This work will continue until 2035, and the Board of Directors is given an annual status report on the initiatives launched.

"One of our most important tasks is to ensure that Metro continues to meet customer needs in the future. Therefore, maintenance of and investments in the Metro in operation are crucial to ensure that we can maintain the high customer satisfaction and operational stability that is a prerequisite for meeting capacity needs and the Company's target of 126 million passengers annually by 2023. The Company is working, among other things. The company is working to increase capacity in M1/M2 by a total of 35% by gradually increasing the number of trains during rush hour from the turn of 2023/2024 and gradually up to the maximum level over the coming years," says Jørn Neergaard Larsen, Chairman of the Board of Metroselskabet.    

It was also decided to reduce the climate impact of The Company's reinvestments.

At the meeting, the board was also informed that the winner of the competition for a proposal for a master plan for urban development at København Syd is expected to be appointed by mid-July 2023. The board also approved that the necessary funds will be allocated for consultancy in connection with the master plan, initial report and local plan, which the winning team will be responsible for further developing and finalizing.

København Syd will be one of Denmark's largest stations and the capital's new traffic hub with both Metro and S-train lines as well as national, regional and eventually international train connections. As part of the development of København Syd, Metroselskabet has been tasked with developing the area on the northern side of the railway line with the possibility of housing, businesses, shops and other urban life functions.

At the meeting, the Board also received an update on Metro's passenger numbers and operational stability. In April, Metro had a ridership of 9.8 million passengers, which is on target for the month. In the period January 1 to April 30, 2023, 39.8 million people traveled on the Metro, which is about 3.5% below expectations. In April, operational stability was 99.6% overall and 99.6% during peak hours, which is very satisfactory.