General Counsel, head of compliance and company secretary | Nobina AB
Martin Pagrotsky
General Counsel, head of compliance and company secretary | Nobina AB
General counsel, chief compliance officer and company secretary | Nobina
Nobina is the Nordic region’s largest and most experienced public transport provider and largest bus company. Martin Pagrotsky joined Nobina in 2006 as general counsel, and added head of compliance...
Since joining Nobina AB as general counsel, Martin Pagrotsky has played a central role in moving the company away from a costly dependency on law firms. The changes Pagrotsky has implemented have encouraged the company to utilise its legal resources, freeing up a considerable portion of the legal budget so the team can focus on work that pushes the boundaries in a market previously centralised in the Swedish State. Nobina is now the biggest bus operator in the Nordics, with a total revenue of SEK 42 billion. As part of the Group management structure, Pagrotsky has been pivotal in the approach that has taken the company from an annual loss of SEK 800 million to a profit of SEK 200 million, eliminating its debt after a successful IPO. Demonstrating his position as the ‘legal leader in the market’ Pagrotsky has successfully challenged several Public Transport Authority (PTA) contract awarding decisions, and has worked with the PTAs to successfully win legal cases introduced by competitors. ‘If necessary, we initiate litigation especially if it is a case of principles’, he explains. Pagrotsky adds that in different forums with the PTAs, he pushes for more market-oriented terms and conditions.