HLBZ - Helbiz stock jumps on selection as public e-bike vendor for Belgrade

Helbiz (NASDAQ:HLBZ) has climbed 7.37% pre-market after the micro-mobility services provider announced its selection as the exclusive micro-mobility public e-bike vendor for Belgrade, Serbia. The company becomes the the first and exclusive operator of e-bikes in Belgrade for 15 years. The contract award follows an open call from the city for proposals that was completed this month. Helbiz will deploy at least 1,000 e-bikes and 150 parking terminals throughout the city. It will establish parking stations in phases over the next year and a half with the first bikes being available to rent in the coming months.

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Helbiz stock jumps on selection as public e-bike vendor for Belgrade