NRC GROUP ASA - APPOINTED TO A CONTRACT IN NORWAY - NOK 123 million
Bane Nor has appointed NRC Bane AS, a company wholly owned by NRC Group ASA, to contract of track renewal on the railway connection between Lassemoen and Mo i Rana (Nordlandsbanen). The contract is valued at approximately NOK 123 million and will involve rail services such as track, electro, signal/telecom and groundwork. The work will commence in August 2019, and the project is scheduled for completion in the second half of 2021. The contract also includes an option for Bane Nor to include additional track renewal work in 2022 in the same contract, with a value of approximately