NRC Group ASA – Crown Bridges tramway approval
The Helsinki City Council approved the construction phase of the Crown Bridges tramway and the cost estimate for the project. The revised cost estimate is around EUR 326 million, with NRC Group Finland’s (“NRC Group”) share amounting to approximately EUR 100-110 million. The contract includes construction of the tramway and other street construction projects to develop the city. This includes the construction of a new Hakaniemi bridge to replace a dilapidated bridge and the construction of new Hakaniemi streets. According to the preliminary project schedule, track construction is